Jiangsu Olive Sensors High-Tech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 07:59 am
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Jiangsu Olive Sensors High-Tech Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 303.545 million compared to CNY 259.526 million a year ago. Operating income was CNY 68.858 million compared to CNY 33.585 million a year ago. Net income was CNY 47.862 million compared to CNY 18.783 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.06 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. 
