Zhejiang Yueling Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 01:29 pm IST
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Zhejiang Yueling Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 474.498 million compared to CNY 537.360 million a year ago. Operating income was CNY 10.935 million compared to CNY 44.191 million a year ago. Net income was CNY 9.707 million compared to CNY 38.098 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.15 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.