Nantong Haixing Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 20, 2022 at 11:05 am
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Nantong Haixing Electronics Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,642.92 million compared to CNY 1,218.11 million a year ago. Revenue was CNY 1,645.34 million compared to CNY 1,218.72 million a year ago. Net income was CNY 221.19 million compared to CNY 125.77 million a year ago. Basic earnings per share from continuing operations was CNY 1.05 compared to CNY 0.6 a year ago. Diluted earnings per share from continuing operations was CNY 1.05 compared to CNY 0.6 a year ago.
Nantong Haixing Electronics Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of electrode foils for aluminum electrolytic capacitors. The Company's main products include medium and high pressure foil products. The Company also produces low-pressure foils, corrosion foils and others. These products are mainly used in aluminum electrolytic capacitors in various fields, including energy-saving lighting, consumer electronics, automotive industry, communication electronics, industrial electromechanical, aerospace and others.