Shanxi Huaxiang Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 25, 2021 at 04:42 am EDT
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Shanxi Huaxiang Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,948.873 million compared to CNY 2,048.132 million a year ago. Operating income was CNY 278.470 million compared to CNY 192.260 million a year ago. Net income was CNY 244.998 million compared to CNY 173.712 million a year ago. Basic earnings per share from continuing operations was CNY 0.64 compared to CNY 0.47 a year ago.
Shanxi Huaxiang Group Co Ltd is a China-based company mainly engaged in the research and development, manufacture and sales of various customized metal parts. The Companyâs products mainly include compressor components, such as crankshafts, cylinders, pistons and flanges; construction machinery components, such as counterweights, axles and axle housings, as well as system components for automotive brake system equipment, steering system equipment and clutches, such as housings, brackets, bearing caps, pressure plates and connecting rods. The Company also provides pump and valve pipes and other products. The Company's products are mainly applied in white household appliances, construction machinery and automobile manufacturing fields. The Company distributes its products in domestic market and to overseas markets.
SHANXI HUAXIANG GROUP CO., LTD. 
