Huaiji Dengyun Auto-Parts Holding Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 06:32 am EDT
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Huaiji Dengyun Auto-parts Holding Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 165.797 million compared to CNY 167.242 million a year ago. Operating income was CNY 2.149 million compared to CNY 1.259 million a year ago. Net income was CNY 1.961 million compared to net loss of CNY 570,432.82 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 0.0062 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.