Aucma Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 10:01 am
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Aucma Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,283.656 million compared to CNY 1,508.248 million a year ago. Operating income was CNY 31.832 million compared to CNY 43.522 million a year ago. Net income was CNY 20.741 million compared to CNY 36.882 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.
AUCMA COMPANY LIMITED is a China-based company principally engaged in the manufacture and distribution of refrigerators and freezers. The Company is also engaged in the manufacture and distribution of electric-driven bicycles, other electrical appliances and small household electrical appliances. The Company's main products include refrigerators, freezers, electric-driven bicycles, washing machines, small household electrical appliances, automatic vending machines, solar water heaters, electrical water heaters and kitchen electrical appliances, among others. The Company distributes its products under the brand name of AUCMA. The Company distributes its products within domestic market and to overseas markets.
AUCMA CO.,LTD. 
