King-Strong New Material Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 26, 2021 at 12:53 pm
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King-Strong New Material Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 164.316 million compared to CNY 147.935 million a year ago. Operating income was CNY 48.747 million compared to CNY 38.598 million a year ago. Net income was CNY 43.713 million compared to CNY 34.102 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.28 a year ago.
Guangdong Kingstrong Technology Co Ltd is a company mainly engaged in research, development, production and sales of metal matrix composite materials and products. The company operates two segments. The Metal Products and Other Businesses segment provides metal matrix superhard material products, thermal spray materials, wave absorbing materials, optical materials and products, as well as carbon fiber materials products. The products are used in building ceramics and military industry. The Radio Frequency (RF) Microwave segment operates its businesses through its subsidiary, and engaged in the design, development and production of RF microwave components, equipment and systems. The Company sells its products to both domestic and international markets, including Vietnam and India.
GUANGDONG KINGSTRONG TECHNOLOGY CO., LTD. 
