Hunan Oil Pump Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 10, 2020 at 06:16 am EDT
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Hunan Oil Pump Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,001.633 million compared to CNY 904.363 million a year ago. Operating income was CNY 108.122 million compared to CNY 110.779 million a year ago. Net income was CNY 93.120 million compared to CNY 97.106 million a year ago. Basic earnings per share from continuing operations was CNY 0.9 compared to CNY 0.93 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.