Inner Mongolia First Machinery Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 03:10 pm IST
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Inner Mongolia First Machinery Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 7,536.244 million compared to CNY 7,160.605 million a year ago. Operating income was CNY 488.350 million compared to CNY 415.989 million a year ago. Net income was CNY 421.013 million compared to CNY 349.305 million a year ago. Basic earnings per share from continuing operations was CNY 0.249 compared to CNY 0.207 a year ago.
Inner Mongolia First Machinery Group Co Ltd is a China-based company engaged in the research and development, manufacturing, and sales of military products. The Company's main products are special equipment products. The Company mainly develops and produces tracked, wheeled, and artillery armored vehicles. The Company's railway vehicles mainly produce gondola cars, tank cars, flat cars, box cars, hopper cars, special cars, and other complete products. The Company's vehicle parts and components mainly produce parts with the core of vehicle transmission, movement, suspension, and large-scale precision structural parts, including heavy-duty brakes, springs, railway vehicle bolsters, side frames, buffers and other products. The Company distributes its products within the domestic market and to overseas market.
INNER MONGOLIA FIRST MACHINERY GROUP CO.,LTD. 
