Xiangyang Automobile Bearing Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 12:30 pm
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Xiangyang Automobile Bearing Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 721.277 million compared to CNY 824.804 million a year ago. Operating income was CNY 2.686 million compared to operating loss of CNY 1.916 million a year ago. Net income was CNY 516,065.19 compared to net loss of CNY 4.878 million a year ago. Basic earnings per share from continuing operations was CNY 0.001 compared to basic loss per share from continuing operations of CNY 0.011 a year ago.
XIANGYANG AUTOMOBILE BEARING COMPANY., LTD is a China-based company principally engaged in the manufacture, research and development, sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and components. The Company mainly provides bearings and universal joints, including deep groove ball bearings, needle bearings, cylindrical roller bearings, clutch separate bearings, tapered roller bearings, cross shafts, automobile hub bearings, constant velocity universal joints and others. The Company mainly distributes its products in domestic and overseas markets.
XIANGYANG AUTOMOBILE BEARING CO., LTD. 
