Shanghai Yahong Moulding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 03:47 am EDT
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Shanghai Yahong Moulding Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 393.980 million compared to CNY 392.767 million a year ago. Operating income was CNY 32.107 million compared to CNY 11.577 million a year ago. Net income was CNY 27.388 million compared to CNY 11.704 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.08 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.