Zhongshan Broad-Ocean Motor Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:45 am EDT
Share
Zhongshan Broad-Ocean Motor Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 777,646.56 compared to CNY 814,595.3 a year ago. Operating income was CNY 11,600.25 compared to CNY 11,526.66 a year ago. Net income was CNY 10,346.1 compared to CNY 5,361.68 a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.02 a year ago.
ZHONGSHAN BROAD-OCEAN MOTOR CO., LTD is an electrical appliance manufacturer. The Company operates its businesses through four segments. The Household Appliances and Household Electrical Appliances segment provides air conditioning load motors, washing machines/dryer motors and others. The New Energy Vehicle Powertrain System segment provides new energy vehicles drive motors and controllers, among others. The Vehicle Rotating Electrical Appliances segment includes traditional car starters and generators. The New Energy Vehicles Operating Platform segment is engaged in the new energy car rental and Internet custom car, new energy vehicle charging station operation, charge pile construction and the provision of other operation and supporting services. The Company conducts its businesses within domestic and overseas markets.