Zhejiang Yueling Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:28 pm IST
Share
Zhejiang Yueling Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 128.473 million compared to CNY 210.486 million a year ago. Operating income was CNY 2.288 million compared to CNY 26.705 million a year ago. Net income was CNY 2.111 million compared to CNY 22.755 million a year ago. Basic earnings per share from continuing operations was CNY 0.0082 compared to CNY 0.0889 a year ago.
Zhejiang Yueling Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sale of aluminum alloy wheels. The Company's main products include automotive coating wheels, polishing wheels, spinning wheels, vacuum plating wheels, electroplating wheels, motorcycle coating wheels and low pressure wheels. The Company distributes its products in domestic market and to overseas markets, such as the United States, Japan and Europe.
ZHEJIANG YUELING CO., LTD. 
