Hailun Piano Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:37 am EDT
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Hailun Piano Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 386.27 million compared to CNY 321.77 million a year ago. Revenue was CNY 386.27 million compared to CNY 321.77 million a year ago. Net income was CNY 36.67 million compared to CNY 20.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.145 compared to CNY 0.0794 a year ago. Diluted earnings per share from continuing operations was CNY 0.145 compared to CNY 0.0792 a year ago.
HAILUN PIANO CO., LTD. is a China-based piano manufacturer, primarily engaged in the research, development, manufacture and sale of pianos and related core parts. The Company primarily provides upright pianos, grand pianos and piano hardware fittings, among others. The Company also provides electro-acoustic piano, guitar and violin, among others. The Company distributes its products within domestic market and to overseas markets.