Ningbo Tip Rubber Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
August 04, 2020 at 10:58 pm IST
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Ningbo TIP Rubber Technology Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 344.560 million. Operating income was CNY 84.857 million. Net income was CNY 78.055 million. Basic earnings per share from continuing operations was CNY 0.78.
Ningbo Tip Rubber Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of automotive polymer fluid piping systems and sealing system parts and assemblies. The Company provides rubber hoses and assembly products for automobile manufacturers and their first-tier suppliers. The Company's products are divided into five categories: automotive engine systems and parts, body systems and parts, chassis systems and parts, electrical and electronic equipment and general parts, including radiator tubes, turbocharger hoses, crankcase ventilation system, oil cooling pipe, vacuum solenoid valve pipe, automobile fuel system hose and assembly, automobile air conditioning system hose and assembly, automobile power steering system hose and assembly, other body accessory system hoses, sealing tape, dustproof and shock absorbers, etc. The Company operates its businesses within the domestic market and to overseas markets.
NINGBO TIP RUBBER TECHNOLOGY CO.,LTD 
