Shenzhen SunXing Light Alloys Materials Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:20 am EDT
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Shenzhen SunXing Light Alloys Materials Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 378.8 million compared to CNY 297.47 million a year ago. Revenue was CNY 378.8 million compared to CNY 297.47 million a year ago. Net income was CNY 30.1 million compared to CNY 10.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.07 a year ago.
Shenzhen Sunxing Light Alloys Materials Co Ltd is a China-based company which is mainly engaged in research and development, manufactures and sales of aluminum grain refiner. The Companyâs main products include aluminum grain refiner, potassium fluoroaluminate and other products, such as aluminum titanium boron alloy, aluminum titanium alloy, aluminum and titanium alloy, fluorite powder and aluminum zirconium alloy and other products. The Companyâs products are mainly used in aerospace, rail transportation, military industry, marine, construction, machinery manufacturing, chemical industry and other fields.