Guilin Fuda Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 03:11 pm EDT
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GUILIN FUDA Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,770.306 million compared to CNY 1,514.774 million a year ago. Operating income was CNY 228.065 million compared to CNY 143.212 million a year ago. Net income was CNY 200.584 million compared to CNY 133.306 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.22 a year ago.
GUILIN FUDA Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of automotive components. The Company's main products include automotive components, such as engine crankshafts, automotive clutches and spiral bevel gears, as well as precision forgings, such as engine crankshaft blanks and automotive front beams. The Company's products are mainly used in commercial vehicles, passenger cars and new energy vehicles. The Company distributes its products in domestic market and to overseas markets.
GUILIN FUDA CO.,LTD. 
