DENSO CORPORATION announced its results for the first half of the fiscal year (April-September) ending September 30, 2020. The current revenue was 2,074.7 billion yen (19.9 billion U.S. dollars), a decrease of 20.8% from 2,618.4 billion yen in the same period last year. The current operating loss was 69.6 billion yen, and the operating profit for the same period last year was 134 billion yen. The net loss for the current period was 71.1 billion yen, and the net profit for the same period last year was 104.2 billion yen.
MAGNA INTERNATIONAL INC. announced its 2020 Q3 results. Sales for the quarter were 9.129 billion US dollars, compared with 9.319 billion US dollars in the same period last year. Net profit was US$405 million, and a net loss of US$233 million in the same period last year.
Hyundai Mobis announced its 2020 Q3 results. Quarterly sales of 9992.0 billion won (9.1 billion US dollars), compared with 944.5 billion won in the same period last year. Operating profit was 598 billion won, compared with 604 billion won in the same period last year. Net profit was 391 billion won, compared with 582 billion won in the same period last year.
AISIN SEIKI Co., Ltd. announced its results for the first half of the fiscal year (April-September) ending September 30, 2020. Revenue for the current period was 1,456 billion yen (13.9 billion U.S. dollars), a decrease of 23.9% from 1,913.8 billion yen in the same period last year. The current operating loss was 38.5 billion yen, and the operating profit for the same period last year was 53.5 billion yen. The net loss for the current period was 19.5 billion yen, and the net profit for the same period last year was 30.4 billion yen.
Continental AG announced its operating results for the third quarter of 2020. Consolidated sales reached 10.3 billion euros in the third quarter and 11.1 billion euros in the third quarter of 2019. Adjusted operating profit in the third quarter increased to 832 million euros compared to the same period last year, and was 612 million euros in the third quarter of 2019. The net loss in the third quarter was 719 million euros, and the net loss in the third quarter of 2019 was 1.986 billion euros. Sales of the Automotive Technology subgroup were 4.1 billion euros (4.97 billion US dollars), compared with 4.7 billion euros in the same period last year. Sales of the Rubber Technology subgroup were EUR 4.3 billion, compared with EUR 4.6 billion in the same period last year. Sales of the Powertrain Technology sub-group were 1.9 billion euros (2.3 billion US dollars), compared with 1.9 billion euros in the same period last year.
Huayu Automobile released the third quarter 2020 financial report. Operating income in the first three quarters was RMB 91.726 billion, a year-on-year decrease of 13.14%. The net profit attributable to shareholders of listed companies was RMB 3.102 billion, a year-on-year decrease of 37.03%. Among them, operating income in the third quarter was 38.104 billion yuan (approximately US$5.81 billion), a year-on-year increase of 8.76%, and net profit attributable to shareholders of listed companies was 1.796 billion yuan, a year-on-year increase of 14.9%.
Valeo announced its sales in the third quarter of 2020. Total quarterly sales were 4.389 billion euros (5.32 billion US dollars), compared to 4.772 billion euros in the same period last year. Sales in the first nine months were 11.447 billion euros, compared with 14.548 billion euros in the same period last year.
Lear Corporation announced its 2020 Q3 results. Sales for the quarter were 4.9 billion US dollars, compared to 4.825 billion US dollars in the same period last year. Net profit was US$174 million, compared with US$216 million in the same period last year.
Faurecia Group (Faurecia) announced its sales in the third quarter of 2020. Sales in the third quarter were 3.874 billion euros (US$4.69 billion), a decline of 7.0% based on a fixed range and exchange rate, a 19.7% decline from the previous first quarter and a 50% decline in the second quarter, achieving significant improvement. Sales in September increased year-on-year 1.2%. The sales performance in the Chinese market was outstanding, achieving 15.4% growth based on a fixed range and exchange rate.
Tenneco Inc. announced its 2020 third quarter results. Sales revenue for the quarter was US$4.256 billion, compared with US$4.319 billion in the same period last year. The net loss was US$499 million, and the net profit of the same period last year was US$70 million.
Aptiv PLC announced its 2020 Q3 results. Net sales for the quarter were US$3.668 billion, compared with US$3.559 billion in the same period last year. Net profit was US$283 million, compared with US$246 million in the same period last year.
Sumitomo Electric Industries, Ltd. announced net sales of 1,239.3 billion yen in the first half of fiscal year 2020 (April-September), compared with 1,523.8 billion yen in the same period of the previous year; operating loss of 11.4 billion yen, operating in the same period last year Profit 46 billion yen; net loss 41.9 billion yen, net profit 28 billion yen in the same period last year. Among them, sales of automobile business were 661.8 billion yen (US$6.33 billion), compared with 845.2 billion yen in the same period last year.
Adient plc announced its 2020 fiscal year results as of September 30. Net sales in the fiscal year were US$12.67 billion, compared with US$16.526 billion in the previous fiscal year. The net loss for the fiscal year was US$547 million, and the net loss for the previous fiscal year was US$491 million. Among them, net sales in the fourth fiscal quarter were US$3.597 billion, compared with US$3.921 billion in the same period last year; a net loss of US$36 million, and a net loss of US$4 million in the same period last year.
Panasonic announced its revenue of 3,599.2 billion yen (approximately 36.7 billion U.S. dollars) for the first half of fiscal year 2020 (April-September), compared with 3,844.4 billion yen in the same period last year; operating profit was 96.6 billion yen, compared with the same period last year 140.3 billion yen; net profit of 48.9 billion yen, compared with 100.9 billion yen in the same period last year. Among them, automobile business sales 569.3 billion yen (about 5.45 billion US dollars).
Toyota Boshoku Corporation announced its results for the first half of the fiscal year (April-September) ending September 30, 2020. The current revenue was 545.4 billion yen (approximately US$5.22 billion), a decrease of 23.7% from 714.8 billion yen in the same period last year. Operating profit for the current period was 3.614 billion yen, and operating profit for the same period last year was 26.5 billion yen. The net loss for the current period was 7.667 billion yen, and the net profit for the same period last year was 126.4 billion yen.
JTEKT Corp. announced the results of the first half of the fiscal year (April-September) ending September 30, 2020. The current revenue was 520.2 billion yen (approximately 4.98 billion US dollars), a 28% decrease from 722.2 billion yen in the same period last year. The current operating loss was 23.9 billion yen, and the operating profit for the same period last year was 18.4 billion yen. The net loss for the current period was 24 billion yen, and the net profit for the same period last year was 6 million yen.
South Korean battery manufacturer Samsung SDI said in its financial report that its net profit in the third quarter increased by 11%, from 217.37 billion won in the same period last year to 240.69 billion won, exceeding market expectations. Operating profit soared 61% to 267.35 billion won, thanks to strong sales of electric vehicle batteries in the European market. The company’s revenue for the quarter increased by 20% to 3.087 trillion won (about 2.81 billion US dollars).
BorgWarner Inc. announced its 2020 Q3 results. Net sales for the quarter were US$2.534 billion, compared with US$2.492 billion in the same period last year. Net profit was US$111 million, compared to US$194 million in the same period last year.
Gestamp announced its 2020 Q3 results. Quarterly operating income was 2.048 billion euros (approximately 2.48 billion US dollars), compared with 2.119 billion euros in the same period last year. EBITDA profit was 244 million euros, compared with 234 million euros in the same period last year. Net profit was 28.4 million euros, compared with 28 million euros in the same period last year.
Plastic Omnium announced its revenue for the third quarter of 2020. The quarterly consolidated revenue was 1.92 billion euros (approximately 2.33 billion US dollars), compared to 2.088 billion euros in the same period last year. Consolidated revenue in the first nine months was 4.881 billion euros, compared with 6.356 billion euros in the same period last year.
Joyson Electronics released a report for the third quarter of 2020. The overall operating income in the third quarter was approximately 13.4 billion yuan (approximately US$2.04 billion), a year-on-year decline of 11% compared with the same period in 2019, and the rate of decline narrowed. The net profit attributable to shareholders of listed companies was approximately 260 million yuan, a year-on-year increase of 36.7%. In the first three quarters, operating income dropped by 26% year-on-year to 33.9 billion yuan; net loss was 282 million yuan.
Autoliv (Autoliv) announced its 2020 Q3 results. Net sales for the quarter were US$2.037 billion, compared with US$2.028 billion in the same period last year. Net profit was 98.8 million US dollars, compared with 86 million US dollars in the same period last year.
Dana Incorporated announced its 2020 Q3 results. Net sales for the quarter were US$1.994 billion, compared with US$2.164 billion in the same period last year. Net profit was US$45 million, compared with US$111 million in the same period last year.
CATL disclosed the third quarterly report. In the first three quarters of 2020, the company realized total operating income of 31.522 billion yuan, down 4.1% year-on-year; realized net profit attributable to the parent of 3.357 billion yuan, down 3.1% year-on-year. Among them, operating income in the third quarter was 12.7 billion yuan (approximately US$1.94 billion), an increase of 0.8% year-on-year, and net profit was 1.42 billion yuan, an increase of 4.24% year-on-year.
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