Shanghai Lianming Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 11:56 am EDT
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Shanghai Lianming Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,036.010 million compared to CNY 1,098.054 million a year ago. Operating income was CNY 120.433 million compared to CNY 157.043 million a year ago. Net income was CNY 73.033 million compared to CNY 115.964 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.61 a year ago.
Shanghai Lianming Machinery Co., Ltd. is a China-based company, principally engaged in the development, manufacture and sales of automobile parts and components. The Company's products include instrument board assemblies, back end plate assemblies, wheel casting assemblies, clothing plate assemblies, pillar category assemblies, threshold assemblies, roof window frame assemblies, reinforcement components, left and right taillight supports, carling assemblies, floor channel plate assemblies, as well as floor bearers and reinforcement components, among others. The Company is also engaged in logistics service business.
SHANGHAI LIANMING MACHINERY CO., LTD. 
