Aerospace Hi-Tech Holding Group Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
April 28, 2019 at 01:27 pm EDT
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Aerospace Hi-Tech Holding Group Co., Ltd. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was CNY 5,801.156 million compared to CNY 5,801.933 million a year ago. Operating income was CNY 235.995 million compared to CNY 237.741 million a year ago. Net income was CNY 157.036 million compared to CNY 170.280 million a year ago. Basic earnings per share from continuing operations was CNY 0.2557 compared to CNY 0.4159 a year ago.
For the full year, sales was CNY 1,355.600 million compared to CNY 1,377.776 million a year ago. Operating loss was CNY 5.469 million compared to operating Income of CNY 826,447.05 a year ago. Net loss was CNY 8.475 million compared to CNY 10.456 million a year ago. Basic loss per share from continuing operations was CNY 0.0138 compared to CNY 0.0255 a year ago.
AEROSPACE HI-TECH HOLDING GROUP CO.,LTD is a China-based company principally engaged in the manufacture and sale of automobile electronic products and aerospace products. The Companyâs main products consist of aerospace products, automobile electronic meters, environmental protection monitoring systems, petroleum instrument, electrical equipment, optoelectronic monitoring and control systems and intelligent electricity grid related equipment, among others. The Company distributes its products in domestic market and to overseas markets.