Zhejiang Yueling Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 05:07 am EDT
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Zhejiang Yueling Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 281.036 million compared to CNY 366.355 million a year ago. Operating income was CNY 7.092 million compared to CNY 36.851 million a year ago. Net income was CNY 6.593 million compared to CNY 31.594 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.12 a year ago.
Zhejiang Yueling Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sale of aluminum alloy wheels. The Company's main products include automotive coating wheels, polishing wheels, spinning wheels, vacuum plating wheels, electroplating wheels, motorcycle coating wheels and low pressure wheels. The Company distributes its products in domestic market and to overseas markets, such as the United States, Japan and Europe.