Jiangsu Olive Sensors High-Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 09:43 am
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Jiangsu Olive Sensors High-Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 105.940 million compared to CNY 110.849 million a year ago. Operating income was CNY 25.776 million compared to CNY 10.156 million a year ago. Net income was CNY 17.519 million compared to CNY 6.590 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.03 a year ago.
JIANGSU OLIVE SENSORS HIGH-TECH CO., LTD is a China-based company principally engaged in the research and development, production and sale of automobile parts. The Company's products are categorized into three categories: sensors and accessories, accessories of fuel system, and automotive interior parts. The Companyâs sensors and accessories include fuel level sensors and accessories and water level sensors. The Companyâs accessories of fuel system include oil filler pipe assembly, imported control valves, vent valves, locking joint pipe assembly, filter brackets, locknuts, fuel pump fixed thimbles and lock rings for fuel pumps, among others. The Companyâs automotive interior parts include covers for airbag, dashboards and air-conditioning duct, among others. The Company distributes its products within domestic market and to overseas markets.
JIANGSU OLIVE SENSORS HIGH-TECH CO., LTD. 
