Hunan Oil Pump Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 03:08 pm EDT
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Hunan Oil Pump Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 237.046 million compared to CNY 254.491 million a year ago. Operating income was CNY 40.822 million compared to CNY 36.283 million a year ago. Net income was CNY 35.393 million compared to CNY 32.989 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.32 a year ago.
Hunan Oil Pump Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of engine pump products. The Company operates five segments, Diesel Engine Oil Pump segment, Gasoline Engine Oil Pump segment, Electric Motor segment, Transmission Pump segment, and New Energy Vehicle Parts segment. The Company's products mainly include engine pump products, transmission oil pumps, electronic pump products, motor products and intelligent driving execution layer control systems. The Company's products are used in fuel vehicles, new energy vehicles, generator sets, ship power and engineering machinery and other fields. Through its subsidiaries, the Company also provides vacuum pumps, automated manufacturing equipment and related information and technical services, and is engaged in the research, development and production of gears, reducers and aluminum die castings.
HUNAN OIL PUMP CO., LTD. 
