Yuan Cheng Cable Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 10:21 am
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Yuan Cheng Cable Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,220.13 million compared to CNY 1,831 million a year ago. Revenue was CNY 2,220.13 million compared to CNY 1,831 million a year ago. Net income was CNY 14.15 million compared to CNY 11 million a year ago. Basic earnings per share from continuing operations was CNY 0.0197 compared to CNY 0.0153 a year ago. Diluted earnings per share from continuing operations was CNY 0.0197 compared to CNY 0.0153 a year ago.
Yuan Cheng Cable Co., Ltd., formerly Recon Wenyuan Cable Co.,Ltd., is principally involved in the design, research, development, production and distribution of wires and cables. The Company mainly provides wires and cables, special cables, bare wires, as well as wires and cables for electric equipment. Its special cables mainly include mineral insulation cables, nuclear level cables, branch cables and photoelectric combined cables. Its wires and cables for electric equipment include polyvinyl chloride insulated and sheathed control cables, among others. The Company's products are mainly applied in the electric power, transportation, airport, metallurgy, construction, machinery and other industries.