Dongfeng Electronic Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 12:53 pm
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Dongfeng Electronic Technology Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,913.179 million compared to CNY 3,217.050 million a year ago. Operating income was CNY 133.192 million compared to CNY 179.456 million a year ago. Net income was CNY 36.788 million compared to CNY 83.414 million a year ago. Basic earnings per share from continuing operations was CNY 0.1173 compared to CNY 0.266 a year ago.
Dongfeng Electronic Technology Co Ltd is a China-based company principally engaged in the research and development, manufacture and sales of automobile parts. The Companyâs main products include instrument clusters, sensors and flexible shafts, automotive brake systems, fuel supply systems, die-casting parts, interior parts, thermal management systems, and powertrain component systems, among others. The Company also involves in the sales of automobile parts and whole vehicles, as well as the manufacture and sales of motorcycle parts. The Company mainly operates its businesses in Hubei, Shanghai, Guangdong, Hunan and Jiangsu, China.