Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 19, 2020 at 04:12 am
Share
Shandong Meichen Ecology & Environment Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,954.623 million compared to CNY 3,490.543 million a year ago. Operating income was CNY 128.735 million compared to CNY 447.133 million a year ago. Net income was CNY 80.748 million compared to CNY 372.065 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.26 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.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 
