Guilin Fuda Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 18, 2020 at 09:59 am
Share
GUILIN FUDA Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 802.780 million compared to CNY 755.107 million a year ago. Operating income was CNY 104.561 million compared to CNY 76.438 million a year ago. Net income was CNY 88.525 million compared to CNY 68.098 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.11 a year ago.
GUILIN FUDA Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of automotive components. The Company's main products include automotive components, such as engine crankshafts, automotive clutches and spiral bevel gears, as well as precision forgings, such as engine crankshaft blanks and automotive front beams. The Company's products are mainly used in commercial vehicles, passenger cars and new energy vehicles. The Company distributes its products in domestic market and to overseas markets.
GUILIN FUDA CO.,LTD. 
