Zhejiang Yueling Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 12:34 pm
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Zhejiang Yueling Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 722.218 million compared to CNY 714.905 million a year ago. Operating loss was CNY 10.069 million compared to operating Income of CNY 37.935 million a year ago. Net loss was CNY 6.438 million compared to net income of CNY 33.253 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.13 a year ago.
Zhejiang Yueling Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sale of aluminum alloy wheels. The Company's main products include automotive coating wheels, polishing wheels, spinning wheels, vacuum plating wheels, electroplating wheels, motorcycle coating wheels and low pressure wheels. The Company distributes its products in domestic market and to overseas markets, such as the United States, Japan and Europe.