Shanghai Yahong Moulding Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 13, 2020 at 04:54 am
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Shanghai Yahong Moulding Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 225.544 million compared to CNY 248.822 million a year ago. Operating income was CNY 15.447 million compared to CNY 3.219 million a year ago. Net income was CNY 13.054 million compared to CNY 4.497 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.03 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.