Shenzhen Yinghe Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 06:01 pm EDT
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Shenzhen Yinghe Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 457.608 million compared to CNY 385.597 million a year ago. Operating income was CNY 94.208 million compared to CNY 70.490 million a year ago. Net income was CNY 70.713 million compared to CNY 60.174 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.19 a year ago.
SHENZHEN YINGHE TECHNOLOGY CO.,LTD. is mainly engaged in the manufacture of lithium electric equipment. The Company's main business is the research and development, design, manufacture, sale of automated production equipment for lithium-ion battery, and the provision of related services. The Company's main products include six equipment series such as coating machines, slitting machines, tableting machines, winding machines, die cutting machines and lamination machines as well as related assisted machines. The products are primarily used in the manufacture of lithium-ion batteries and are sold to China domestic and overseas markets.