Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 19, 2020 at 04:14 am EDT
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Sichuan Furong Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 642.662 million compared to CNY 543.924 million a year ago. Operating income was CNY 169.533 million compared to CNY 139.757 million a year ago. Net income was CNY 144.821 million compared to CNY 119.635 million a year ago. Basic earnings per share from continuing operations was CNY 0.3612 compared to CNY 0.3337 a year ago.
Sichuan Furong Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of aluminum structural parts for consumer electronics. The Company's main products mainly include smart phone casing and mid-frame materials, tablet casing materials and notebook casing materials. These products are mainly used in Samsung, Huawei, OPPO, VIVO and other brands of smart phones, as well as Apple and other brands of tablets and laptops. The Company is also engaged in the production of other industrial materials and sales of scrap aluminum business. The Company conducts its businesses within domestic market and overseas markets.