Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 07:42 am
Share
Shandong Meichen Ecology & Environment Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,065.927 million compared to CNY 2,954.623 million a year ago. Operating income was CNY 53.081 million compared to CNY 128.735 million a year ago. Net income was CNY 51.802 million compared to CNY 80.748 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.06 a year ago.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.