Hailun Piano Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:25 am EDT
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Hailun Piano Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 129.555 million compared to CNY 69.426 million a year ago. Operating income was CNY 14.605 million compared to CNY 2.233 million a year ago. Net income was CNY 13.237 million compared to CNY 2.153 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.01 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. 
