Linhai Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 09:53 am
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Linhai Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 434.199 million compared to CNY 437.237 million a year ago. Operating income was CNY 1.040 million compared to CNY 1.645 million a year ago. Net income was CNY 1.474 million compared to CNY 770,525.33 a year ago. Basic earnings per share from continuing operations was CNY 0.0067 compared to CNY 0.0035 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.