Ningbo Huaxiang Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 01:40 pm EDT
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Ningbo Huaxiang Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 17,093.435 million compared to CNY 14,927.081 million a year ago. Operating income was CNY 1,482.812 million compared to CNY 1,195.405 million a year ago. Net income was CNY 981.111 million compared to CNY 731.796 million a year ago. Basic earnings per share from continuing operations was CNY 1.57 compared to CNY 1.17 a year ago.
Ningbo Huaxiang Electronic Co., Ltd. is a China-based company, principally engaged in the design, development, manufacture and distribution of automobile components. The Company's main products consist of interior and exterior trims, including instrument panels, center channel assemblies, front and rear windshields, spoilers, roofs, bellows; automotive chassis accessories; air-conditioning accessories; automotive engine accessories; automotive electrical and electronic accessories; metal stampings and others. The main supporting models of its products include BMW 3, 5 and X series; Mercedes-Benz C-Class and E Class series, and Tiguan, New Passat, New Sunny, Audi Q5, Audi A6L, Sagitar, Golf A7, Skoda, Roewe, Crown, Reiz, Corolla, Teana and others. The Company distributes its products within domestic market and to overseas markets.
NINGBO HUAXIANG ELECTRONIC CO., LTD. 
