Hangcha Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 21, 2019 at 05:01 am EDT
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Hangcha Group Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 6,750.088 million compared to CNY 6,461.154 million a year ago. Operating income was CNY 627.783 million compared to CNY 563.156 million a year ago. Net income was CNY 478.092 million compared to CNY 429.924 million a year ago. Basic earnings per share from continuing operations was CNY 0.77 compared to CNY 0.69 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 
