Zhejiang Tieliu Clutch Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 09:12 am
Share
Zhejiang Tieliu Clutch Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 664.939 million compared to CNY 744.027 million a year ago. Operating income was CNY 68.878 million compared to CNY 68.504 million a year ago. Net income was CNY 59.652 million compared to CNY 58.915 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.37 a year ago.
Tieliu Co Ltd, formerly Zhejiang Tieliu Clutch Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of automotive parts. The Company's main products include automotive clutches, clutch bearings, hydraulic bearings, hydraulic torque converters and brake pads, engine high-pressure common rail system injectors, new energy vehicle motor shafts, silicon controlled rectifier (SCR) components for automotive exhaust gas purification systems, etc. The Company distributes its products within the domestic market and to overseas markets.
TIELIU CO,.LTD 
