Zhejiang Yueling Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:12 pm IST
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Zhejiang Yueling Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 197.870 million compared to CNY 128.473 million a year ago. Operating income was CNY 2.243 million compared to CNY 2.288 million a year ago. Net income was CNY 2.452 million compared to CNY 2.111 million a year ago. Basic earnings per share from continuing operations was CNY 0.0096 compared to CNY 0.0082 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.