Huaiji Dengyun Auto-Parts Holding Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 06:09 am EDT
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Huaiji Dengyun Auto-parts Holding Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 115.100 million compared to CNY 78.567 million a year ago. Operating income was CNY 5.460 million compared to CNY 2.793 million a year ago. Net income was CNY 4.335 million compared to CNY 1.960 million a year ago. Basic earnings per share from continuing operations was CNY 0.0314 compared to CNY 0.0142 a year ago.
Huaiji Dengyun Auto-parts (Holding) Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of automotive engine intake and exhaust valve series products. The Company's main products include accessory product diesel engine valves, accessory product gasoline engine valves and maintenance market valves. The Company's products are mainly used in automobiles, motorcycles, agricultural machinery, construction machinery, ships, railway internal combustion engines, oil rigs and internal combustion engine generator sets. The Company distributes its products in domestic market and to overseas markets.