Hangcha Group Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 06:49 am EDT
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Hangcha Group Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 11,451.668 million compared to CNY 8,854.106 million a year ago. Operating income was CNY 1,026.090 million compared to CNY 817.950 million a year ago. Net income was CNY 837.925 million compared to CNY 644.604 million a year ago. Basic earnings per share from continuing operations was CNY 0.97 compared to CNY 0.74 a year ago.
Hangcha Group Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of forklifts and other industrial vehicles. The Companyâs products mainly include combustion forklifts, electric forklift and other industrial vehicles. Its products are applied in the fields of manufacture industry, transportation industry, warehousing industry, postal industry, wholesale and retail industry. The Company distributes its products within domestic market and to overseas markets, including Brazil, America, Russia, as well as Southeast Asia, among others.
HANGCHA GROUP CO., LTD 
