Hailun Piano Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 01:38 pm EDT
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Hailun Piano Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 125.681 million compared to CNY 112.690 million a year ago. Operating income was CNY 13.286 million compared to CNY 15.356 million a year ago. Net income was CNY 13.068 million compared to CNY 14.303 million a year ago. Basic earnings per share from continuing operations was CNY 0.052 compared to CNY 0.0569 a year ago. Diluted earnings per share from continuing operations was CNY 0.0519 compared to CNY 0.0569 a year ago.
HAILUN PIANO CO., LTD. is a China-based piano manufacturer, primarily engaged in the research, development, manufacture and sale of pianos and related core parts. The Company primarily provides upright pianos, grand pianos and piano hardware fittings, among others. The Company also provides electro-acoustic piano, guitar and violin, among others. The Company distributes its products within domestic market and to overseas markets.
HAILUN PIANO CO.,LTD. 
