Tianrun Industry Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 09:54 am EDT
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Tianrun Industry Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,428.408 million compared to CNY 3,602.563 million a year ago. Operating income was CNY 584.741 million compared to CNY 424.465 million a year ago. Net income was CNY 507.901 million compared to CNY 353.792 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.31 a year ago.
Tianrun Industry Technology Co Ltd, formerly Tianrun Crankshaft Co Ltd, is a China-based company, principally engaged in the manufacture and distribution of automobile spare parts. The Company's main products portfolio consists of heavy engine crankshafts, light engine crankshafts, medium engine crankshafts, automobile engine crankshafts and others. In addition, it is engaged in the production of vessel crankshafts, connecting rods, castings and crankshafts blanks, among others. Its products are mainly applied in the manufacture of heavy-duty vehicles and light trucks. The Company distributes its products within domestic market and to overseas markets.
TIANRUN INDUSTRY TECHNOLOGY CO., LTD. 
