Zhejiang Zomax Transmission Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 10:56 am EDT
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Zhejiang Zomax Transmission Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 946.386 million compared to CNY 884.043 million a year ago. Operating income was CNY 83.673 million compared to CNY 62.575 million a year ago. Net income was CNY 74.826 million compared to CNY 56.047 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.19 a year ago.
ZHEJIANG ZOMAX TRANSMISSION CO., LTD. is a China-based company principally engaged in the research and development, manufacturing and sales of automobile transmissions and vehicle gears. The Company's main products include automotive transmissions, automotive gears, motorcycle gears and agricultural machinery gears. The automotive gears mainly include the automobile transmission gears, the automobile steering gears, the automobile oil pump shaft gears and the automobile engine gears. The motorcycle gears mainly include motorcycle engine gears. The agricultural machinery gears mainly include agricultural transmission gears. The Company mainly distributes its products in the domestic and overseas markets.