Hailun Piano Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 03:24 pm EDT
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Hailun Piano Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 257.097 million compared to CNY 248.062 million a year ago. Operating income was CNY 30.036 million compared to CNY 34.796 million a year ago. Net income was CNY 27.729 million compared to CNY 30.409 million a year ago. Basic earnings per share from continuing operations was CNY 0.1103 compared to CNY 0.121 a year ago. Diluted earnings per share from continuing operations was CNY 0.1101 compared to CNY 0.121 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. 
