Shanghai Xinpeng Industry Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 11:50 am
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Shanghai Xinpeng Industry Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 626.332 million compared to CNY 829.963 million a year ago. Operating income was CNY 34.916 million compared to CNY 46.766 million a year ago. Net income was CNY 16.246 million compared to CNY 21.222 million a year ago. Basic earnings per share from continuing operations was CNY 0.0213 compared to CNY 0.0279 a year ago.
SHANGHAI XINPENG INDUSTRY CO., LTD. is a China-based company principally engaged in the design, manufacture and sales of automotive parts, as well as metal and communication components. The Company's main products include automotive four doors and two covers, car panels, as well as sheet metal parts and other communications products metal parts. The Company's products are mainly used in automotive parts, communications cabinets and household appliances. The Company distributes its products mainly in domestic market.
SHANGHAI XINPENG INDUSTRY CO.,LTD. 