Jinhua Chunguang Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 08:23 am EDT
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Jinhua Chunguang Technology Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 562.866 million compared to CNY 507.084 million a year ago. Operating income was CNY 125.646 million compared to CNY 113.487 million a year ago. Net income was CNY 106.608 million compared to CNY 100.968 million a year ago. Basic earnings per share from continuing operations was CNY 1.11 compared to CNY 1.23 a year ago.
Jinhua Chunguang Technology Co., Ltd is a China-based company which is mainly engaged in research and development, manufacture and sales of clean electrical hoses and fittings. The Company mainly provides hose and accessory integration solutions for cleaning appliance manufacturers. The Companyâs hose products mainly include flexible hoses, extruded hoses, blown hoses, plastic hoses and composite wound hoses. The Company's accessories mainly include water tanks, reels, floor brushes, elbows, water bags, connectors and handles. The Company's products are mainly used in cleaning appliances such as vacuum cleaners, hanging machines, dishwashers and outdoor cleaning industrial dust removal systems.