Dongguan Golden Sun Abrasives Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 08:24 am
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Dongguan Golden Sun Abrasives Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 78.120 million compared to CNY 75.846 million a year ago. Operating income was CNY 4.441 million compared to CNY 13.075 million a year ago. Net income was CNY 3.843 million compared to CNY 8.175 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.09 a year ago.
DONGGUAN GOLDEN SUN ABRASIVES CO., LTD is a China-based company principally engaged in the manufacture and sales of abrasive paper. The Company's main products include water-resistant abrasive paper, dry abrasive paper, dry film coated abrasive paper, polyester film abrasive paper and others. Its products are mainly applied in grinding and polishing for metal, wood, leather, glass, plastics, ceramics and other products, involving aerospace, automotive, shipbuilding, machine tool, chemical, construction, metallurgy, energy, home appliances, electronics, furniture and other industries. The Company distributes its products in domestic and overseas markets.