Shanghai Daimay Automotive Interior Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 11:43 am EDT
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Shanghai Daimay Automotive Interior Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,122.369 million compared to CNY 1,246.992 million a year ago. Operating income was CNY 171.983 million compared to CNY 184.530 million a year ago. Net income was CNY 156.756 million compared to CNY 161.040 million a year ago. Basic earnings per share from continuing operations was CNY 0.39 compared to CNY 0.39 a year ago.
Shanghai Daimay Automotive Interior Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of auto parts. The Company's main products include sun visors, seat headrests and armrests, ceiling central controllers and interior lights. Its main customers include Mercedes-Benz, BMW, Audi, General Motors, Ford, Chrysler, Volkswagen, Tesla, Toyota, Honda, Nissan and other foreign vehicle manufacturers, as well as SAIC, FAW, Great Wall, NIO, Xpeng and other domestic auto companies. The Company distributes its products within the domestic market and to overseas market.
SHANGHAI DAIMAY AUTOMOTIVE INTERIOR CO., LTD 
