Zhejiang Golden Eagle Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:40 am EDT
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Zhejiang Golden Eagle Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 669.026 million compared to CNY 825.501 million a year ago. Operating income was CNY 54.335 million compared to CNY 48.163 million a year ago. Net income was CNY 41.791 million compared to CNY 23.570 million a year ago. Basic earnings per share from continuing operations was CNY 0.115 compared to CNY 0.065 a year ago.
Zhejiang Golden Eagle Co Ltd is a China-based company primarily engaged in the textile business. The Company operates in six segments: Textiles, Textile Machinery and Accessories, Injection Molding Machines and Accessories, Clothing, New Energy Battery Materials and Processing and Others. The Company's main business is the research and development (R&D), manufacturing and sales of complete sets of linen, wool and silk textile machinery; linen spinning, silk spinning, weaving and garment making; R&D, manufacturing and sales of injection molding machinery series equipment; R&D, manufacturing and sales of lithium battery cathode materials.