Zhejiang Qianjiang Motorcycle Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:33 am EDT
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Zhejiang Qianjiang Motorcycle Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,660.473 million compared to CNY 2,912.024 million a year ago. Operating income was CNY 307.783 million compared to CNY 370.998 million a year ago. Net income was CNY 259.760 million compared to CNY 299.387 million a year ago. Basic earnings per share from continuing operations was CNY 0.57 compared to CNY 0.66 a year ago.
Zhejiang Qianjiang Motorcycle Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of motorcycles and electric bicycles. The Company operates primarily through three segments. The Railway, Shipbuilding, Aerospace and Other Transportation Equipment Manufacturing segment is mainly engaged in the research and development, manufacturing and sales of motorcycles, electric bicycles and motorcycle parts. The Semiconductor Discrete Device Manufacturing segment is mainly engaged in the packaging and testing of discrete devices. The Investment Management segment is mainly engaged in investment management business. The Company mainly conducts its businesses in domestic and overseas markets.