Hunan Aihua Group Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 03, 2020 at 02:17 pm IST
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Hunan Aihua Group Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,077.906 million compared to CNY 1,056.652 million a year ago. Operating income was CNY 198.611 million compared to CNY 147.363 million a year ago. Net income was CNY 176.421 million compared to CNY 133.723 million a year ago. Basic earnings per share from continuing operations was CNY 0.4522 compared to CNY 0.3429 a year ago.
HUNAN AIHUA GROUP CO., LTD. is a China-based company, principally engaged in the manufacture and sales of aluminum electrolytic capacitors, electrode foils and capacitor manufacturing equipment. The Company's main products include energy-efficient lighting capacitors, consumer capacitors and industrial capacitors. The products are primarily used in energy-efficient lighting products, consumer electronics, communications, automotive electronics and industrial application fields. It distributes its products within domestic market and to overseas markets.