Shanghai Lianming Machinery Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:12 am EDT
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Shanghai Lianming Machinery Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 352.961 million compared to CNY 453.335 million a year ago. Operating income was CNY 52.340 million compared to CNY 65.924 million a year ago. Net income was CNY 38.172 million compared to CNY 47.066 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to CNY 0.24 a year ago.
Shanghai Lianming Machinery Co., Ltd. is a China-based company, principally engaged in the development, manufacture and sales of automobile parts and components. The Company's products include instrument board assemblies, back end plate assemblies, wheel casting assemblies, clothing plate assemblies, pillar category assemblies, threshold assemblies, roof window frame assemblies, reinforcement components, left and right taillight supports, carling assemblies, floor channel plate assemblies, as well as floor bearers and reinforcement components, among others. The Company is also engaged in logistics service business.