Changchai Company, Limited Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:06 am
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Changchai Company, Limited announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,751.860 million compared to CNY 1,581.005 million a year ago. Operating income was CNY 44.016 million compared to CNY 17.155 million a year ago. Net income was CNY 38.953 million compared to CNY 20.062 million a year ago. Basic earnings per share from continuing operations was CNY 0.0694 compared to CNY 0.0357 a year ago.
CHANGCHAI COMPANY, LIMITED is a China based company principally engaged in the production and sales of diesel engines. The Company's main product is Changchai trademark of middle-size and small-size single cylinder and multi-cylinder diesel engines. The Company's products are mainly used in tractors, combine harvesters, light commercial vehicles, agricultural equipments, small construction machinery, generator sets and ship engines. The Company distributes its products within the domestic market and to overseas markets.
CHANGCHAI COMPANY, LIMITED 
