Shanghai Yahong Moulding Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 02:40 am EDT
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Shanghai Yahong Moulding Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 591.950 million compared to CNY 564.094 million a year ago. Operating income was CNY 46.888 million compared to CNY 24.310 million a year ago. Net income was CNY 40.235 million compared to CNY 22.791 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.19 a year ago.
SHANGHAI YAHONG MOULDING CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of precise plastic moulds and other related devices of plastic products. The Company mainly operates four business segments, including industrial mould products, injection moulded products, surface mounted technology (SMT) products, as well as intelligent toilet covers. The Companyâs products are applied in the high end microwave ovens, middle-to-high-end passenger vehicle dashboards, as well as driving seats. The Company distributes its products within domestic market and to overseas markets, with Shanghai, China as its major market.