Hunan Aihua Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:40 pm EDT
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Hunan Aihua Group Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 426.405 million compared to CNY 524.206 million a year ago. Operating income was CNY 69.173 million compared to CNY 59.643 million a year ago. Net income was CNY 61.446 million compared to CNY 58.596 million a year ago. Basic earnings per share from continuing operations was CNY 0.1576 compared to CNY 0.1502 a year ago.
HUNAN AIHUA GROUP CO., LTD. is a China-based company, principally engaged in the manufacture and sales of aluminum electrolytic capacitors, electrode foils and capacitor manufacturing equipment. The Company's main products include energy-efficient lighting capacitors, consumer capacitors and industrial capacitors. The products are primarily used in energy-efficient lighting products, consumer electronics, communications, automotive electronics and industrial application fields. It distributes its products within domestic market and to overseas markets.
HUNAN AIHUA GROUP CO., LTD 
