Sichuan Haowu Electromechanical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 08:46 am EDT
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Sichuan Haowu Electromechanical Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,088.295 million compared to CNY 4,444.479 million a year ago. Operating income was CNY 74.779 million compared to CNY 172.535 million a year ago. Net income was CNY 52.743 million compared to CNY 139.497 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.23 a year ago.
Sichuan Haowu Electromechanical Co Ltd is a China-based company mainly engaged in vehicle sales, automotive aftermarket services and machinery parts production. The Company's passenger vehicle distribution and automotive aftermarket service businesses are mainly engaged in vehicle sales, repair and maintenance services, and comprehensive services including automobile fittings, extended warranty agency, insurance agency, and auto loan agency. The internal combustion engine crankshaft business is mainly engaged in the research, development, manufacturing and sales of internal combustion engine crankshafts. The products are mainly applied in passenger cars, commercial vehicles, construction machinery/agricultural machinery, special machinery, etc. The Company mainly conducts business in the domestic market.
SICHUAN HAOWU ELECTROMECHANICAL CO., LTD. 
