Linhai Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 01:35 pm IST
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Linhai Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 119.329 million compared to CNY 153.068 million a year ago. Operating loss was CNY 1.237 million compared to operating Income of CNY 323,592.71 a year ago. Net loss was CNY 1.497 million compared to net income of CNY 138,958.86 a year ago. Basic loss per share from continuing operations was CNY 0.0068 compared to basic earnings per share from continuing operations of CNY 0.0006 a year ago.
Linhai Co Ltd is a China-based company principally engaged in the manufacturing and sales of vehicles and machinery. The Company's main business includes the production and sales of special vehicles, agricultural machinery, fire-fighting machinery, motorcycles and other products and spare parts. Special vehicle products include all-terrain vehicles that integrate practical, entertainment, sports and other uses. Agricultural machinery products mainly include walk-behind rice transplanters and high-speed rice transplanters. Fire-fighting machinery includes forest fire prevention equipment, forest protection equipment, emergency vehicle equipment and other products. Motorcycles mainly include fuel motorcycles and electric motorcycles.
LINHAI CO.,LTD. 
