Ningbo Shuanglin Auto Parts Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 12:20 pm
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Ningbo Shuanglin Auto Parts Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,955.933 million compared to CNY 1,492.767 million a year ago. Operating income was CNY 100.999 million compared to CNY 54.437 million a year ago. Net income was CNY 81.068 million compared to CNY 50.032 million a year ago. Basic earnings per share from continuing operations was CNY 0.1994 compared to CNY 0.1096 a year ago.
Ningbo Shuanglin Auto Parts Co Ltd is a China-based company engaged in the research and development, manufacturing and sales of automotive parts. The Company operates mainly through four business segments. The Interior and Exterior and Electromechanical Components segment mainly produces automotive interior and exterior system components, including bumpers, door panels and pillars. Automotive precision injection molding parts include airbag covers, oil drums and ignition coils. The segment produces automotive injection molds. The Hub Bearing Components segment mainly develops, produces and sells automotive bearings and car hub bearing units. The New Energy Motors segment is engaged in the research and development, production and sales of electric drive systems for new energy electric vehicles, and its products include drive motors and automatic transmissions. The Other segment produce automotive seat horizontal drives, ball screws and seat motors.