Zhejiang Changsheng Sliding Bearings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:08 am EDT
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Zhejiang Changsheng Sliding Bearings Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 442.928 million compared to CNY 446.793 million a year ago. Operating income was CNY 121.929 million compared to CNY 105.353 million a year ago. Net income was CNY 101.941 million compared to CNY 88.397 million a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to CNY 0.45 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.
ZHEJIANG CHANGSHENG SLIDING BEARINGS CO., LTD. 
