Ikd Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 04:42 am EDT
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IKD Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,590.504 million compared to CNY 2,626.651 million a year ago. Operating income was CNY 474.592 million compared to CNY 534.960 million a year ago. Net income was CNY 425.900 million compared to CNY 439.423 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.52 a year ago. Diluted earnings per share from continuing operations was CNY 0.49 compared to CNY 0.52 a year ago.
IKD Co Ltd is a China-based company principally engaged in the research, development, production and sale of automotive aluminum alloy precision die-casting parts. The Company's main products include automotive wiper systems, automotive power systems, automotive thermal management systems, automotive steering systems, automotive braking systems and other systems, new energy vehicle three-electric systems, automotive structural parts, automotive intelligent driving systems and other aluminum alloy precision die-casting parts that meet the needs of lightweight, electrified, and intelligent automobiles. The Company mainly operates its businesses in the domestic and overseas markets.
IKD CO., LTD. 
