Zhejiang Tieliu Clutch Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 23, 2020 at 08:40 am EDT
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Zhejiang Tieliu Clutch Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,460.725 million compared to CNY 1,294.286 million a year ago. Operating income was CNY 129.679 million compared to CNY 113.268 million a year ago. Net income was CNY 121.096 million compared to CNY 100.370 million a year ago. Basic earnings per share from continuing operations was CNY 0.77 compared to CNY 0.64 a year ago.
Tieliu Co Ltd, formerly Zhejiang Tieliu Clutch Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of automotive parts. The Company's main products include automotive clutches, clutch bearings, hydraulic bearings, hydraulic torque converters and brake pads, engine high-pressure common rail system injectors, new energy vehicle motor shafts, silicon controlled rectifier (SCR) components for automotive exhaust gas purification systems, etc. The Company distributes its products within the domestic market and to overseas markets.
TIELIU CO,.LTD 