Zhejiang Golden Eagle Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 12:32 am IST
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Zhejiang Golden Eagle Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,013.472 million compared to CNY 1,240.315 million a year ago. Operating income was CNY 51.022 million compared to CNY 55.802 million a year ago. Net income was CNY 31.813 million compared to CNY 25.690 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.07 a year ago.
Zhejiang Golden Eagle Co Ltd is a China-based company primarily engaged in the textile business. The Company operates in six segments: Textiles, Textile Machinery and Accessories, Injection Molding Machines and Accessories, Clothing, New Energy Battery Materials and Processing and Others. The Company's main business is the research and development (R&D), manufacturing and sales of complete sets of linen, wool and silk textile machinery; linen spinning, silk spinning, weaving and garment making; R&D, manufacturing and sales of injection molding machinery series equipment; R&D, manufacturing and sales of lithium battery cathode materials.