Zhejiang Changsheng Sliding Bearings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 03:08 am EST
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Zhejiang Changsheng Sliding Bearings Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 65,524.95 compared to CNY 60,084.09 a year ago. Operating income was CNY 17,466.62 compared to CNY 15,082.31 a year ago. Net income was CNY 14,828.47 compared to CNY 12,790.69 a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 0.65 a year ago.
Zhejiang Changsheng Sliding Bearings Co Ltd is a company engaged in research, development, production and sales of self-lubricating bearings. The Company's products are comprised of metal-plastic polymer self-lubricating rolled bearings, bimetallic boundary lubricating rolled bearings, metal-based self-lubricating bearings, copper-based boundary lubricating rolled bearings, non-metallic self-lubricating bearings and other bearings. The products are used in a range of industries, including automobiles, engineering machinery, port machinery, plastic machinery, agricultural machinery and so on. The Company sells its products to both domestic and international markets, including South Korea, Germany, Britain, Italy, France and Sweden.