Shanghai Balancer posted over 500mln yuan of income
Shanghai Balancer Automotive Equipment Co., Ltd released 2017 annual reported on March 12.
Statistics showed that the company realized 543 million yuan of operation income, year-on-year rising by 22.9%, and net profit increased 3.83% to 45,677,000 yuan.
The company said that it focused on China's after-auto service in middle and western areas in 2017, continuing to explore sales channels. Besides, overseas market kept growth too.
Balancer is a leading automotive repair equipment manufacturer in China, focusing on providing one-stop solution like tyre repair, test and maintenance etc..
During 2014 to 2016, the company respectively realized 295 million yuan, 337 million yuan and 442 million yuan of operation income, and posted 21,430,500 yuan, 28,490,200 yuan and 43,994,000 yuan of net profit in the past three years.
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