Hunan Oil Pump Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 14, 2020 at 04:29 am EDT
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Hunan Oil Pump Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 959.796 million compared to CNY 686.686 million a year ago. Operating income was CNY 151.967 million compared to CNY 86.702 million a year ago. Net income was CNY 129.691 million compared to CNY 76.931 million a year ago. Basic earnings per share from continuing operations was CNY 1.24 compared to CNY 0.74 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. 
