Ningbo Huaxiang Electronic Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 03:50 pm
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Ningbo Huaxiang Electronic Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 7,504.905 million compared to CNY 6,940.209 million a year ago. Operating income was CNY 647.716 million compared to CNY 567.721 million a year ago. Net income was CNY 416.315 million compared to CNY 297.408 million a year ago. Basic earnings per share from continuing operations was CNY 0.66 compared to CNY 0.47 a year ago.
Ningbo Huaxiang Electronic Co., Ltd. is a China-based company, principally engaged in the design, development, manufacture and distribution of automobile components. The Company's main products consist of interior and exterior trims, including instrument panels, center channel assemblies, front and rear windshields, spoilers, roofs, bellows; automotive chassis accessories; air-conditioning accessories; automotive engine accessories; automotive electrical and electronic accessories; metal stampings and others. The main supporting models of its products include BMW 3, 5 and X series; Mercedes-Benz C-Class and E Class series, and Tiguan, New Passat, New Sunny, Audi Q5, Audi A6L, Sagitar, Golf A7, Skoda, Roewe, Crown, Reiz, Corolla, Teana and others. The Company distributes its products within domestic market and to overseas markets.