Sichuan Haowu Electromechanical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 03:56 pm IST
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Sichuan Haowu Electromechanical Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,667.705 million compared to CNY 3,010.443 million a year ago. Operating income was CNY 27.735 million compared to CNY 109.726 million a year ago. Net income was CNY 13.540 million compared to CNY 101.732 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.17 a year ago.
Sichuan Haowu Electromechanical Co Ltd is a China-based company mainly engaged in vehicle sales, automotive aftermarket services and machinery parts production. The Company's passenger vehicle distribution and automotive aftermarket service businesses are mainly engaged in vehicle sales, repair and maintenance services, and comprehensive services including automobile fittings, extended warranty agency, insurance agency, and auto loan agency. The internal combustion engine crankshaft business is mainly engaged in the research, development, manufacturing and sales of internal combustion engine crankshafts. The products are mainly applied in passenger cars, commercial vehicles, construction machinery/agricultural machinery, special machinery, etc. The Company mainly conducts business in the domestic market.
SICHUAN HAOWU ELECTROMECHANICAL CO., LTD. 
