Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 22, 2021 at 04:09 am EDT
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Shandong Meichen Ecology & Environment Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,160.048 million compared to CNY 1,309.726 million a year ago. Operating loss was CNY 45.988 million compared to operating Income of CNY 36.083 million a year ago. Net loss was CNY 53.330 million compared to net income of CNY 10.719 million a year ago. Basic loss per share from continuing operations was CNY 0.0367 compared to basic earnings per share from continuing operations of CNY 0.0074 a year ago.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 
