Kunshan Huguang Auto Harness Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 01:38 pm IST
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Kunshan Huguang Auto Harness Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 982.037 million compared to CNY 1,167.584 million a year ago. Operating income was CNY 50.948 million compared to CNY 64.835 million a year ago. Net income was CNY 43.827 million compared to CNY 57.757 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.16 a year ago.
Kunshan Huguang Auto Harness Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of automotive wire harness. The Company's main products include complete sets of wire harness, engine harness and other wire harness. Its products cover customized wire harness for vehicle customers, high voltage harness for new energy vehicles, instrument panel harness, engine harness, body harness, door harness, ceiling harness and tail harness. The Company's products are mainly used in the field of vehicle manufacturing. The Company mainly conducts its businesses within the domestic market.