Shanghai Yahong Moulding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 11:03 am
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Shanghai Yahong Moulding Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 159.344 million compared to CNY 97.875 million a year ago. Operating income was CNY 15.479 million compared to CNY 3.106 million a year ago. Net income was CNY 12.658 million compared to CNY 2.530 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.02 a year ago.
SHANGHAI YAHONG MOULDING CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of precise plastic moulds and other related devices of plastic products. The Company mainly operates four business segments, including industrial mould products, injection moulded products, surface mounted technology (SMT) products, as well as intelligent toilet covers. The Companyâs products are applied in the high end microwave ovens, middle-to-high-end passenger vehicle dashboards, as well as driving seats. The Company distributes its products within domestic market and to overseas markets, with Shanghai, China as its major market.
SHANGHAI YAHONG MOULDING CO., LTD. 
