Fuda Alloy Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:41 am EDT
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Fuda Alloy Materials Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 608.724 million compared to CNY 257.670 million a year ago. Operating income was CNY 5.746 million compared to operating loss of CNY 12.764 million a year ago. Net income was CNY 7.350 million compared to net loss of CNY 10.148 million a year ago. Basic earnings per share from continuing operations was CNY 0.0543 compared to basic loss per share from continuing operations of CNY 0.0739 a year ago.
Fuda Alloy Materials Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of electrical contact materials, as well as provides related technical consulting and services. The Company's main products include contact materials, multilayer contacts and contact elements. The Company's products are mainly used in relays, circuit breakers, contactors, sensors, industrial control and other fields. The Company mainly operates its business in the domestic market.
FUDA ALLOY MATERIALS CO.,LTD 