Hailun Piano Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:07 am EDT
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Hailun Piano Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 321.770 million compared to CNY 400.107 million a year ago. Operating income was CNY 22.519 million compared to CNY 42.078 million a year ago. Net income was CNY 20.023 million compared to CNY 38.695 million a year ago. Basic earnings per share from continuing operations was CNY 0.0794 compared to CNY 0.154 a year ago. Diluted earnings per share from continuing operations was CNY 0.0792 compared to CNY 0.1536 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. 
