Jinhua Chunguang Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 03:54 am EDT
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Jinhua Chunguang Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 557.459 million compared to CNY 400.021 million a year ago. Operating income was CNY 111.001 million compared to CNY 89.565 million a year ago. Net income was CNY 93.880 million compared to CNY 76.025 million a year ago. Basic earnings per share from continuing operations was CNY 0.7 compared to CNY 0.57 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.
JINHUA CHUNGUANG TECHNOLOGY CO.,LTD 
