Shandong Shuangyi Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 01:08 pm
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Shandong Shuangyi Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,391.961 million compared to CNY 827.515 million a year ago. Operating income was CNY 380.288 million compared to CNY 174.651 million a year ago. Net income was CNY 322.192 million compared to CNY 152.276 million a year ago. Basic earnings per share from continuing operations was CNY 2.93 compared to CNY 1.39 a year ago. Diluted earnings per share from continuing operations was CNY 2.9 compared to CNY 1.37 a year ago.
Shandong Shuangyi Technology Co Ltd is a company engaged in research and development, production and sales of composite materials, and provision of related services. The Company's primary products include wind turbine cabin covers, large non-metallic molds, engineering and agricultural machinery and equipment covers and fishing boats. The products are used in a range of areas, including large-scale non-metal mold processing, wind power, engineering and agricultural machinery, yachts and ships. The Company sells its products to both domestic and international markets, including Australia, North America and New Zealand.
SHANDONG SHUANGYI TECHNOLOGY CO., LTD. 
