Linhai Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 03:47 am
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Linhai Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 437.237 million compared to CNY 369.337 million a year ago. Operating income was CNY 1.645 million compared to CNY 786,647.99 a year ago. Net income was CNY 770,525.33 compared to CNY 207,421.6 a year ago. Basic earnings per share from continuing operations was CNY 0.0035 compared to CNY 0.0009 a year ago.
Linhai Co Ltd is a China-based company principally engaged in the manufacturing and sales of vehicles and machinery. The Company's main business includes the production and sales of special vehicles, agricultural machinery, fire-fighting machinery, motorcycles and other products and spare parts. Special vehicle products include all-terrain vehicles that integrate practical, entertainment, sports and other uses. Agricultural machinery products mainly include walk-behind rice transplanters and high-speed rice transplanters. Fire-fighting machinery includes forest fire prevention equipment, forest protection equipment, emergency vehicle equipment and other products. Motorcycles mainly include fuel motorcycles and electric motorcycles.