Dongfeng Electronic Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 03:58 am EDT
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Dongfeng Electronic Technology Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 4,694.512 million compared to CNY 4,904.621 million a year ago. Operating income was CNY 249.618 million compared to CNY 272.381 million a year ago. Net income was CNY 105.450 million compared to CNY 138.223 million a year ago. Basic earnings per share from continuing operations was CNY 0.3363 compared to CNY 0.4408 a year ago.
Dongfeng Electronic Technology Co Ltd is a China-based company principally engaged in the research and development, manufacture and sales of automobile parts. The Companyâs main products include instrument clusters, sensors and flexible shafts, automotive brake systems, fuel supply systems, die-casting parts, interior parts, thermal management systems, and powertrain component systems, among others. The Company also involves in the sales of automobile parts and whole vehicles, as well as the manufacture and sales of motorcycle parts. The Company mainly operates its businesses in Hubei, Shanghai, Guangdong, Hunan and Jiangsu, China.