Dongguan Golden Sun Abrasives Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 08:24 am
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Dongguan Golden Sun Abrasives Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 414.905 million compared to CNY 430.124 million a year ago. Operating income was CNY 92.275 million compared to CNY 87.042 million a year ago. Net income was CNY 71.280 million compared to CNY 60.936 million a year ago. Basic earnings per share from continuing operations was CNY 0.8 compared to CNY 0.68 a year ago. Diluted earnings per share from continuing operations was CNY 0.78 compared to CNY 0.68 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.
DONGGUAN GOLDEN SUN ABRASIVES CO.,LTD 
