Zhejiang Tieliu Clutch Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 06:04 am EDT
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Zhejiang Tieliu Clutch Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,049.725 million compared to CNY 1,078.434 million a year ago. Operating income was CNY 103.534 million compared to CNY 92.596 million a year ago. Net income was CNY 89.362 million compared to CNY 78.671 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.5 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 