Hangcha Group Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 11, 2020 at 05:29 am EDT
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Hangcha Group Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 5,123.382 million compared to CNY 4,613.930 million a year ago. Operating income was CNY 514.181 million compared to CNY 459.093 million a year ago. Net income was CNY 410.232 million compared to CNY 348.486 million a year ago. Basic earnings per share from continuing operations was CNY 0.47 compared to CNY 0.4 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 
