Zhejiang Yinlun Machinery Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 08:17 am EDT
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Zhejiang Yinlun Machinery Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,999.334 million compared to CNY 1,274.726 million a year ago. Operating income was CNY 138.488 million compared to CNY 119.915 million a year ago. Net income was CNY 105.192 million compared to CNY 93.052 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.12 a year ago.
ZHEJIANG YINLUN MACHINERY CO.,LTD. is a China-based company principally engaged in the research and development, manufacture and sale of heat exchangers. The Companyâs products fall into various categories, including stainless steel oil coolers, oil cooler assemblies, oil filters, Exhaust Gas Recirculation (EGR) coolers, EGR valves and aluminum castings for engines; cooling modules for commercial vehicles, engineering and others; Selective Catalytic Reduction (SCR) and Diesel Particulate Filter (DPF) for post-treatment; aluminum oil coolers, intercoolers, water tanks, cooling modules for passenger cars; Organic Rankine Cycle (ORC) and industrial heat exchangers for industrial and marine use. The Company distributes its products in domestic market and to overseas markets.