Shanghai Lianming Machinery Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 04:20 am EDT
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Shanghai Lianming Machinery Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 682.016 million compared to CNY 710.279 million a year ago. Operating income was CNY 96.767 million compared to CNY 88.645 million a year ago. Net income was CNY 70.265 million compared to CNY 66.142 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.35 a year ago. Diluted earnings per share from continuing operations was CNY 0.37 compared to CNY 0.34 a year ago.
Shanghai Lianming Machinery Co., Ltd. is a China-based company, principally engaged in the development, manufacture and sales of automobile parts and components. The Company's products include instrument board assemblies, back end plate assemblies, wheel casting assemblies, clothing plate assemblies, pillar category assemblies, threshold assemblies, roof window frame assemblies, reinforcement components, left and right taillight supports, carling assemblies, floor channel plate assemblies, as well as floor bearers and reinforcement components, among others. The Company is also engaged in logistics service business.
SHANGHAI LIANMING MACHINERY CO., LTD. 
