Roshow Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 10:22 am
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Roshow Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,676.25 million compared to CNY 1,912.53 million a year ago. Revenue was CNY 2,676.25 million compared to CNY 1,912.53 million a year ago. Net income was CNY 165.35 million compared to CNY 190.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.13 a year ago.
Roshow Technoiogy Co.,Ltd is a China-based company principally engaged in the production and sale of enameled wires, electromechanical products and sapphire products. The enameled wire business mainly produces high temperature copper enameled wires, fine copper wires and high temperature aluminum enameled wires, with the products used in electric tools, motors, household appliances, electronics, communications and transportation. The electrical and mechanical service business mainly provides new energy motors, turbochargers and sapphire crystal furnaces and other mechanical and electrical products. The sapphire business mainly provides sapphire, which is used in light-emitting diode (LED) substrate materials, consumer electronics and optical components. Through its subsidiary, the Company is also involved in the new energy automotive business. The Company distributes its products in domestic market and to overseas markets.