Hangcha Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 15, 2019 at 02:26 pm EDT
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Hangcha Group Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 4,613.930 million compared to CNY 4,341.408 million a year ago. Operating income was CNY 459.093 million compared to CNY 402.014 million a year ago. Net income was CNY 348.486 million compared to CNY 315.559 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.51 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.