Hunan Oil Pump Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:48 am EDT
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Hunan Oil Pump Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 428.952 million compared to CNY 237.046 million a year ago. Operating income was CNY 48.687 million compared to CNY 40.822 million a year ago. Net income was CNY 45.749 million compared to CNY 35.393 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.34 a year ago.
HUNAN OIL PUMP CO., LTD is a China-based company principally engaged in the research, development, manufacture and distribution of pump products, which is the vital part of engines. Its products mainly include oil pumps, engine water pumps, as well as oil transfer pumps and others. The Companyâs products are mainly applied in heavy truck, coach, passenger vehicle, construction machinery, generator set, the marine power and other fields. The Company is also engaged in the manufacture and sales of general machinery, such as reducers. The Company distributes its products within domestic market and to overseas markets.