Ningbo Huaxiang Electronic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:01 am EDT
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Ningbo Huaxiang Electronic Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 11,404.277 million compared to CNY 11,713.948 million a year ago. Operating income was CNY 961.678 million compared to CNY 1,045.146 million a year ago. Net income was CNY 608.090 million compared to CNY 669.684 million a year ago. Basic earnings per share from continuing operations was CNY 0.97 compared to CNY 1.07 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. 
