Ningbo Heli Mould Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 11:41 pm IST
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Ningbo Heli Mould Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 101.154 million compared to CNY 122.152 million a year ago. Operating income was CNY 21.562 million compared to CNY 18.077 million a year ago. Net income was CNY 17.937 million compared to CNY 15.196 million a year ago. Basic earnings per share from continuing operations was CNY 0.1144 compared to CNY 0.0969 a year ago.
Ningbo Heli Technology Co Ltd is a China-based company engaged in the research and development, design, manufacturing and sales of automotive casting molds, die-casting molds, hot stamping molds, aluminum alloy parts and automotive brake systems. The Company's main products are large precision molds including automotive engine molds, gearbox housing molds, new energy vehicle battery box molds, motor molds, hot stamping molds including automotive door rings, A-pillars, B-pillars, anti-collision beams, bumpers and lightweight aluminum alloy parts including automotive engine cylinder heads, automotive engine brackets, automotive flywheel housings, automotive power steering housings, rail transit gearbox housings and commercial vehicle brake assembly systems.