Huaiji Dengyun Auto-Parts Holding Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 22, 2020 at 06:19 am EDT
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Huaiji Dengyun Auto-parts Holding Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 78.567 million compared to CNY 87.503 million a year ago. Operating income was CNY 2.793 million compared to operating loss of CNY 2.845 million a year ago. Net income was CNY 1.960 million compared to net loss of CNY 4.138 million a year ago. Basic earnings per share from continuing operations was CNY 0.0213 compared to basic loss per share from continuing operations of CNY 0.045 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.