Shenzhen Yinghe Technology Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 08:27 am EDT
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Shenzhen Yinghe Technology Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,242.744 million compared to CNY 993.165 million a year ago. Operating income was CNY 319.124 million compared to CNY 244.222 million a year ago. Net income was CNY 271.990 million compared to CNY 186.552 million a year ago. Basic earnings per share from continuing operations was CNY 0.48 compared to CNY 0.36 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.