Jiangyin Electrical Alloy Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 05:50 am EDT
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Jiangyin Electrical Alloy Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,483.446 million compared to CNY 1,042.439 million a year ago. Operating income was CNY 139.897 million compared to CNY 69.177 million a year ago. Net income was CNY 113.564 million compared to CNY 52.825 million a year ago. Basic earnings per share from continuing operations was CNY 0.546 compared to CNY 0.254 a year ago.
Jiangyin Electrical Alloy Co Ltd is a company mainly engaged in research, development, production and sales of copper and copper alloy products. The Company's products are comprised of electrified railway catenary series products and copper busbar series products. The electrified railway contact network products include railway contact lines and load-bearing cables, which are used in electrified railway areas, such as high-speed railways. The copper busbar series products include copper busbars and deep-processed copper parts, which are used in the fields of power generation, transmission and distribution.
JIANGYIN ELECTRICAL ALLOY CO.,LTD 
