Shanghai Fenghwa Group Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 11:08 am EDT
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Shanghai Fenghwa Group Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 66.184 million compared to CNY 83.306 million a year ago. Operating income was CNY 41.498 million compared to CNY 2.461 million a year ago. Net income was CNY 30.910 million compared to CNY 9.331 million a year ago. Basic earnings per share from continuing operations was CNY 0.164 compared to CNY 0.05 a year ago.
Chongqing Fenghwa Group Co Ltd, formerly Shanghai Fenghwa Group Co Ltd, is a China based company principally engaged in the research and development, manufacture and sales of magnesium alloy and aluminum alloy products. The Company's main businesses include auto parts magnesium alloy, aluminum alloy products and all-aluminum home custom design and manufacture. Its main products include automobile steering wheel frame, automobile seat slide rail, automobile instrument back cover, motorcycle parts, hand tools and other magnesium alloy and aluminum alloy die-casting parts, as well as all-aluminum home office products, wall panels, new partition screens and home improvement wardrobes, cabinets, bathroom cabinets and others. The Company's products are distribute in domestic and overseas markets.
CHONGQING FENGHWA GROUP CO., LTD. 
