Anhui Heli Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:16 pm EDT
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Anhui Heli Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,882.384 million compared to CNY 2,484.255 million a year ago. Operating income was CNY 101.233 million compared to CNY 197.713 million a year ago. Net income was CNY 74.069 million compared to CNY 141.623 million a year ago. Basic earnings per share from continuing operations was CNY 0.1001 compared to CNY 0.1913 a year ago.
ANHUI HELI CO., LTD. is a China-based company principally engaged in the research and development, manufacture and distribution of forklift trucks and related components. The Company is also engaged in industrial vehicle post market businesses, including the manufacture of loading machines, the provision of parts, vehicle leasing and reproduction business, among others. The Company's products are mainly applied in the loading and unloading, stacking, handling and traction of finished goods and materials, covering manufacturing sector, transportation sector and warehousing and storage sector. The Company operates its businesses in both domestic and overseas markets.