Xiangyang Automobile Bearing Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:38 am
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Xiangyang Automobile Bearing Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 869.865 million compared to CNY 955.916 million a year ago. Operating loss was CNY 65.511 million compared to CNY 21.731 million a year ago. Net loss was CNY 53.197 million compared to CNY 24.055 million a year ago. Basic loss per share from continuing operations was CNY 0.1157 compared to CNY 0.0523 a year ago.
XIANGYANG AUTOMOBILE BEARING COMPANY., LTD is a China-based company principally engaged in the manufacture, research and development, sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and components. The Company mainly provides bearings and universal joints, including deep groove ball bearings, needle bearings, cylindrical roller bearings, clutch separate bearings, tapered roller bearings, cross shafts, automobile hub bearings, constant velocity universal joints and others. The Company mainly distributes its products in domestic and overseas markets.
XIANGYANG AUTOMOBILE BEARING CO., LTD. 
