Hunan Oil Pump Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:48 am EDT
Share
Hunan Oil Pump Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 428.952 million compared to CNY 237.046 million a year ago. Operating income was CNY 48.687 million compared to CNY 40.822 million a year ago. Net income was CNY 45.749 million compared to CNY 35.393 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.34 a year ago.
Hunan Meihu Intelligent Manufacturing Co Ltd, formerly Hunan Oil Pump Co Ltd, is a China-based company principally engaged in the research and development, manufacturing and sales of engine pump products. The Company operates six segments, Diesel Engine Oil Pump segment, Gasoline Engine Oil Pump segment, Electric Motor segment, Transmission Pump segment, New Energy Vehicle Parts segment and Other segment. The Company's products mainly include engine pump products, transmission oil pumps, electronic pump products, motor products and intelligent driving execution layer control systems. The Company's products are used in fuel vehicles, new energy vehicles, generator sets, ship power and engineering machinery and other fields. The Company provides vacuum pumps, automated manufacturing equipment and related information and technical services, and is engaged in the research, development and production of gears, reducers and aluminum die castings.