Fujian Longxi Bearing Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:33 am EDT
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Fujian Longxi Bearing Group Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 830.553 million compared to CNY 697.288 million a year ago. Operating income was CNY 114.575 million compared to CNY 115.274 million a year ago. Net income was CNY 108.763 million compared to CNY 107.883 million a year ago. Basic earnings per share from continuing operations was CNY 0.2722 compared to CNY 0.27 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 
