Zhe Jiang Hai Liang Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 07:52 am EDT
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Zhe Jiang Hai Liang Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 34,436.945 million compared to CNY 31,998.934 million a year ago. Operating income was CNY 638.895 million compared to CNY 967.223 million a year ago. Net income was CNY 542.397 million compared to CNY 820.911 million a year ago. Basic earnings per share from continuing operations was CNY 0.2847 compared to CNY 0.4227 a year ago. Diluted earnings per share from continuing operations was CNY 0.2479 compared to CNY 0.4205 a year ago.
ZHE JIANG HAI LIANG CO., LTD is a China-based company, principally engaged in the research and development, manufacture and distribution of copper pipes and copper rods. The Company also provides brass fittings, copper and aluminum composite conductors and aluminum products, among others. The Company's products are applied in air conditioning and refrigerator cooling, building water pipes, desalination, shipbuilding, nuclear power facilities and equipment manufacturing and others. The Company distributes its products within domestic market and to overseas markets.
ZHE JIANG HAI LIANG CO., LTD 
