Hamaton Automotive Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 06:18 pm IST
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Hamaton Automotive Technology Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 561.098 million compared to CNY 238.005 million a year ago. Operating income was CNY 24.782 million compared to CNY 21.772 million a year ago. Net income was CNY 18.921 million compared to CNY 19.674 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.1 a year ago.
Hamaton Automotive Technology Co Ltd dis a company engaged in research, development, production and sales of auto parts. The Company's main products include tire valves, metal hoses and tire pressure monitoring systems. The Company is involved in manufacturing exhaust piping systems and decoupling components through its subsidiary, which are applied in commercial vehicles and other heavy transportation vehicles. The Company sells its products to both domestic and international markets, including Europe, North America and Australia.