Tianrun Industry Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 08:16 am EDT
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Tianrun Industry Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 3,023.353 million compared to CNY 2,004.554 million a year ago. Operating income was CNY 364.386 million compared to CNY 246.158 million a year ago. Net income was CNY 311.551 million compared to CNY 205.289 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.18 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. 
