Hongli Zhihui Group Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
April 25, 2019 at 09:30 pm
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Hongli Zhihui Group Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was CNY 942.702 million compared to CNY 873.731 million a year ago. Operating income was CNY 85.577 million compared to CNY 77.364 million a year ago. Net income was CNY 103.014 million compared to CNY 92.575 million a year ago. Basic earnings per share from continuing operations was CNY 0.1445 compared to CNY 0.1296 a year ago. For the full year, sales was CNY 4,003.161 million compared to CNY 3,699.261 million a year ago. Operating income was CNY 191.936 million compared to CNY 352.861 million a year ago. Net income was CNY 208.876 million compared to CNY 353.489 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.51 a year ago.
Hongli Zhihui Group Co Ltd is a China-based company mainly engaged in the production and sales of light emitting diode (LED) packaging products and general lighting products. The Company operates three segments: LED Packaging segment, LED Automotive Lighting segment and Internet Owner Services segment. The LED Packaging segment is mainly engaged in the production and sales of LED packaging products and general lighting products. The LED Automotive Lighting segment is mainly engaged in the production and sales of automotive lighting products. The Internet Owner Services segment is mainly engaged in Internet services.
HONGLI ZHIHUI GROUP CO.,LTD. 
