Nanjing Quanxin Cable Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:54 pm
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Nanjing Quanxin Cable Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 216.473 million compared to CNY 96.924 million a year ago. Operating income was CNY 46.520 million compared to CNY 12.451 million a year ago. Net income was CNY 38.871 million compared to CNY 11.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.1337 compared to CNY 0.0395 a year ago. Diluted earnings per share from continuing operations was CNY 0.1325 compared to CNY 0.0395 a year ago.
NANJING QUANXIN CABLE TECHNOLOGY CO., LTD. is a China-based company principally engaged in the research and development, production and sales of anti-defense military optical cables and components, optoelectronic components, FC optical fiber bus switching systems, optoelectronic integrated equipments and heat transmission products. The Company's main products include fluorine plastic cables, polyolefin cables, other insulation cables and cable assemblies. The Company's products are mainly used in the five military fields of aerospace, aviation, shipbuilding, military electronics and weapons. In addition, The Company is also engaged in the design, assembly and production of water treatment equipments through its subsidiary. The Company mainly operates its business in the domestic market.
NANJING QUANXIN CABLE TECHNOLOGY CO., LTD. 
