Chengdu Haoneng Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:41 am EDT
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Chengdu Haoneng Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 793.316 million compared to CNY 646.235 million a year ago. Operating income was CNY 165.602 million compared to CNY 103.317 million a year ago. Net income was CNY 138.323 million compared to CNY 85.860 million a year ago. Basic earnings per share from continuing operations was CNY 0.6616 compared to CNY 0.4107 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. 
