Bohai Automotive Systems Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 30, 2020 at 05:19 am EDT
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Bohai Automotive Systems CO., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,121.871 million compared to CNY 2,527.190 million a year ago. Operating loss was CNY 34.821 million compared to operating Income of CNY 26.501 million a year ago. Net loss was CNY 20.748 million compared to net income of CNY 16.902 million a year ago. Basic loss per share from continuing operations was CNY 0.0218 compared to basic earnings per share from continuing operations of CNY 0.0178 a year ago.
Bohai Automotive Systems Co Ltd, formerly Shandong Binzhou Bohai Piston Co Ltd, is a China-based company mainly engaged in the design, development, manufacturing and sales of pistons and other auto parts. The Company's main products include pistons and components, lightweight auto parts, auto wheels, auto air conditioners, shock absorbers, exhaust systems, fuel tanks, etc. Its products are mainly used in new energy vehicles and light-weight components of traditional vehicles, automotive powertrain components, chassis assembly components and heat exchange system components. The Company operates its businesses in domestic and overseas markets.
BOHAI AUTOMOTIVE SYSTEMS CO., LTD. 
