Chengdu Haoneng Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 06:29 am EDT
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Chengdu Haoneng Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 485.651 million compared to CNY 446.528 million a year ago. Operating income was CNY 94.502 million compared to CNY 74.606 million a year ago. Net income was CNY 81.264 million compared to CNY 62.244 million a year ago. Basic earnings per share from continuing operations was CNY 0.3887 compared to CNY 0.2977 a year ago.
Chengdu Haoneng Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive driveline-related components and high-end precision manufacturing of aerospace components. The Company's auto parts business includes two assembly systems, synchronizer and differential, as well as dual clutch transmission (DCT) parts and rail transit drive system parts, which are mainly used in fuel vehicles and new energy vehicles. The Company's aviation parts business products include aircraft nose, fuselage, wing, tail section and other related parts, which are mainly used in various types of military aircraft, civil aircraft and unmanned aerial vehicles.
CHENGDU HAONENG TECHNOLOGY CO., LTD. 
