Add Industry Zhejiang Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 04:21 am EDT
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ADD Industry Zhejiang CO., LTD announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 701.120 million compared to CNY 470.750 million a year ago. Operating income was CNY 51.937 million compared to CNY 37.938 million a year ago. Net income was CNY 46.142 million compared to CNY 23.369 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.11 a year ago.
ADD Industry Zhejiang Co Ltd is a China-based company mainly engages in the research, development, production and sales of automotive parts and components such as automotive suspension system shock absorbers, automotive rubber shock absorbing products and engine seals. Automotive suspension system shock absorbers (also known as shock absorbers or damping shock absorbers) are mainly used in automotive suspension systems. Rubber shock absorbing products mainly include suspensions, top rubbers, bushings, dust covers and others. Engine seals mainly include cylinder gaskets, exhaust pipe gaskets, oil pan gaskets, valve cover gaskets, intake manifold gaskets, supercharger gaskets, oil seals and others. The Company mainly conducts its business in the domestic and foreign markets.