Shenzhen Yinghe Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 27, 2019 at 04:15 am EDT
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Shenzhen Yinghe Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,381.543 million compared to CNY 1,366.098 million a year ago. Operating income was CNY 305.481 million compared to CNY 244.328 million a year ago. Net income was CNY 238.204 million compared to CNY 208.106 million a year ago. Basic earnings per share from continuing operations was CNY 0.639 compared to CNY 0.6048 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.