Essence Fastening Systems (Shanghai) Co., Ltd. reported earnings results for the nine months ended September 30.

The manufacturer reported sales rose 33% to CNY 447.89 million (US$62.8 million). Net income grew 26% to CNY 25.49 million.

Basic earnings per share from continuing operations slipped to CNY 0.19.

Founded in 2001 by Guang Dong Song, Essence Fastening Systems manufactures and distributes screw, bolts, shaped connectors, and washers.