Nanning Baling Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 02:38 pm
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Nanning Baling Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 386.600 million compared to CNY 542.074 million a year ago. Operating loss was CNY 1.697 million compared to operating Income of CNY 10.704 million a year ago. Net loss was CNY 5.297 million compared to CNY 9.614 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.04 a year ago.
Nanning Baling Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive thermal management system related products and body structure products. The Company's products include high and low radiators, intercoolers, oil coolers and other heat exchangers, condensers and other automotive air-conditioning series, as well as car bumpers. The Company is also engaged in cultural performance business, cell technology and health management service business, plastic and aluminum sales and real estate leasing business. The Company mainly conducts its businesses in domestic market.