Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 04:23 am EDT
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Sichuan Furong Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,207.126 million compared to CNY 941.322 million a year ago. Operating income was CNY 297.421 million compared to CNY 246.854 million a year ago. Net income was CNY 254.280 million compared to CNY 211.384 million a year ago. Basic earnings per share from continuing operations was CNY 0.6341 compared to CNY 0.5672 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.