Guangdong Wencan Die Casting Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 11:18 am EDT
Share
Guangdong Wencan Die Casting Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,537.710 million compared to CNY 1,620.162 million a year ago. Operating income was CNY 77.375 million compared to CNY 141.326 million a year ago. Net income was CNY 71.034 million compared to CNY 125.236 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.62 a year ago.
Wencan Group Co Ltd, formerly Guangdong Wencan Die Casting Co Ltd, is a China-based company principally engaged in the research and development, production and sales of automotive aluminum alloy precision die castings. The Company's main products include vacuum pumps, automobile engine blocks, automobile air-conditioning compressors, automobile gearbox housings, automobile steering gear housings and brake parts. Its products are mainly used in automobile engine systems, transmission systems, chassis systems, braking systems, body structures and other auto parts.
WENCAN GROUP CO., LTD. 
