Linhai Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 17, 2020 at 03:43 pm
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Linhai Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 578.073 million compared to CNY 526.091 million a year ago. Operating income was CNY 5.847 million compared to CNY 3.522 million a year ago. Net income was CNY 5.799 million compared to CNY 2.647 million a year ago. Basic earnings per share from continuing operations was CNY 0.0265 compared to CNY 0.0121 a year ago.
Linhai Co Ltd is a China-based company principally engaged in the manufacturing and sales of vehicles and machinery. The Company's main business includes the production and sales of special vehicles, agricultural machinery, fire-fighting machinery, motorcycles and other products and spare parts. Special vehicle products include all-terrain vehicles that integrate practical, entertainment, sports and other uses. Agricultural machinery products mainly include walk-behind rice transplanters and high-speed rice transplanters. Fire-fighting machinery includes forest fire prevention equipment, forest protection equipment, emergency vehicle equipment and other products. Motorcycles mainly include fuel motorcycles and electric motorcycles.