Hailun Piano Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 07:55 am EDT
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Hailun Piano Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 475.607 million compared to CNY 553.530 million a year ago. Operating income was CNY 32.813 million compared to CNY 56.674 million a year ago. Net income was CNY 31.837 million compared to CNY 52.030 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.21 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. 
