Shahe Industrial Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 230.253 million compared to CNY 90.766 million a year ago. Operating income was CNY 14.956 million compared to operating loss of CNY 24.181 million a year ago. Net income was CNY 13.831 million compared to net loss of CNY 11.226 million a year ago. Basic earnings per share from continuing operations was CNY 0.0686 compared to basic loss per share from continuing operations of CNY 0.0557 a year ago.