Linhai Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 04:42 am EDT
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Linhai Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 279.820 million compared to CNY 313.237 million a year ago. Operating loss was CNY 1.065 million compared to operating Income of CNY 410,360.16 a year ago. Net loss was CNY 835,041.49 compared to net income of CNY 178,707.87 a year ago. Basic loss per share from continuing operations was CNY 0.0038 compared to basic earnings per share from continuing operations of CNY 0.0008 a year ago.
Linhai Co Ltd is a China-based company principally engaged in the manufacturing and sales of vehicles and machinery. The Company's main business includes the production and sales of special vehicles, agricultural machinery, fire-fighting machinery, motorcycles and other products and spare parts. Special vehicle products include all-terrain vehicles that integrate practical, entertainment, sports and other uses. Agricultural machinery products mainly include walk-behind rice transplanters and high-speed rice transplanters. Fire-fighting machinery includes forest fire prevention equipment, forest protection equipment, emergency vehicle equipment and other products. Motorcycles mainly include fuel motorcycles and electric motorcycles.
LINHAI CO.,LTD. 
