Hailun Piano Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 15, 2019 at 03:05 pm EDT
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Hailun Piano Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 527.423 million compared to CNY 469.657 million a year ago. Operating income was CNY 59.003 million compared to CNY 43.279 million a year ago. Net income was CNY 54.512 million compared to CNY 40.980 million a year ago. Basic earnings per share from continuing operations was CNY 0.2166 compared to CNY 0.1631 a year ago. Diluted earnings per share from continuing operations was CNY 0.2169 compared to CNY 0.1631 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. 
