Hailun Piano Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 05:21 am EDT
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Hailun Piano Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 400.107 million compared to CNY 385.168 million a year ago. Operating income was CNY 42.078 million compared to CNY 48.081 million a year ago. Net income was CNY 38.695 million compared to CNY 41.502 million a year ago. Basic earnings per share from continuing operations was CNY 0.154 compared to CNY 0.1652 a year ago. Diluted earnings per share from continuing operations was CNY 0.1536 compared to CNY 0.1652 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. 
