Changchai Company, Limited Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 04:34 am
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Changchai Company, Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was CNY 537.033 million compared to CNY 557.670 million a year ago. Operating income was CNY 2.763 million compared to CNY 3.191 million a year ago. Net income was CNY 1.510 million compared to CNY 2.518 million a year ago. Basic earnings per share was CNY 0.0027 compared to CNY 0.0045 a year ago.
CHANGCHAI COMPANY, LIMITED is a China based company principally engaged in the production and sales of diesel engines. The Company's main product is Changchai trademark of middle-size and small-size single cylinder and multi-cylinder diesel engines. The Company's products are mainly used in tractors, combine harvesters, light commercial vehicles, agricultural equipments, small construction machinery, generator sets and ship engines. The Company distributes its products within the domestic market and to overseas markets.
CHANGCHAI COMPANY, LIMITED 
