Tianjin Pengling Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 06:36 am EDT
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Tianjin Pengling Group Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 375.931 million compared to CNY 314.967 million a year ago. Operating income was CNY 36.472 million compared to CNY 23.102 million a year ago. Net income was CNY 31.153 million compared to CNY 22.639 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago.
Tianjin Pengling Group Co Ltd, formerly TIANJIN PENGLING RUBBER HOSE CO.,LTD., is principally engaged in the research, development, production and distribution of rubber hose and assembly products for automobile use. The Company mainly provides cooling water hoses and fuel hoses. The Company's products consist of automobile engine accessory system hose and assembly series, automobile fuel system hose and assembly series, automobile air conditioning system hose and assembly series, as well as mould pressing products, among others. It distributes its products within domestic market and to overseas markets.
TIANJIN PENGLING GROUP CO.,LTD 
