Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:27 pm IST
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Shandong Meichen Ecology & Environment Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,070.452 million compared to CNY 1,901.914 million a year ago. Operating loss was CNY 534,791.94 compared to operating Income of CNY 170.999 million a year ago. Net income was CNY 4.336 million compared to CNY 129.443 million a year ago. Basic earnings per share from continuing operations was CNY 0.003 compared to CNY 0.0891 a year ago.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 