Sichuan Haowu Electromechanical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 01:46 pm
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Sichuan Haowu Electromechanical Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,158.303 million compared to CNY 1,522.154 million a year ago. Operating income was CNY 59.070 million compared to operating loss of CNY 15.172 million a year ago. Net income was CNY 45.930 million compared to net loss of CNY 21.176 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Sichuan Haowu Electromechanical Co Ltd is a China-based company mainly engaged in vehicle sales, automotive aftermarket services and machinery parts production. The Company's passenger vehicle distribution and automotive aftermarket service businesses are mainly engaged in vehicle sales, repair and maintenance services, and comprehensive services including automobile fittings, extended warranty agency, insurance agency, and auto loan agency. The internal combustion engine crankshaft business is mainly engaged in the research, development, manufacturing and sales of internal combustion engine crankshafts. The products are mainly applied in passenger cars, commercial vehicles, construction machinery/agricultural machinery, special machinery, etc. The Company mainly conducts business in the domestic market.