Fujian Longxi Bearing Group Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 29, 2020 at 02:06 pm EDT
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Fujian Longxi Bearing Group Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 946.028 million compared to CNY 1,025.817 million a year ago. Operating income was CNY 150.196 million compared to CNY 90.792 million a year ago. Net income was CNY 146.366 million compared to CNY 87.752 million a year ago. Basic earnings per share from continuing operations was CNY 0.3663 compared to CNY 0.2196 a year ago.
FUJIAN LONGXI BEARING (GROUP) CO., LTD is a China-based company principally engaged in the manufacture and distribution of mechanical basic parts and related parts. The Company's major products include bearing products, gears, gear boxes, automobile spare parts, knitting machines, rolling components and powder metallurgy. The Company's bearing products are spherical plain bearings, including radial spherical plain bearings with lubrication, radial spherical plain bearings with self-lubrication and ball end spherical plain bearings, as well as tapered roller bearings, bearings of composite materials, cylinder roller bearings, deep groove ball bearings and others. The Company distributes its products within domestic market and to overseas markets.
FUJIAN LONGXI BEARING (GROUP) CO., LTD 
