Hunan Aihua Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:01 am EDT
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Hunan Aihua Group Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,748.554 million compared to CNY 1,621.241 million a year ago. Operating income was CNY 311.090 million compared to CNY 246.685 million a year ago. Net income was CNY 267.473 million compared to CNY 217.068 million a year ago. Basic earnings per share from continuing operations was CNY 0.67 compared to CNY 0.56 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.