Guangdong Wencan Die Casting Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 06:31 am EDT
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Guangdong Wencan Die Casting Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,456.332 million compared to CNY 1,084.569 million a year ago. Operating income was CNY 96.304 million compared to CNY 51.314 million a year ago. Net income was CNY 74.143 million compared to CNY 47.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.31 compared to CNY 0.21 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. 
