Anshan Heavy Duty Mining Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 02:24 pm
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Anshan Heavy Duty Mining Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 140.95 million compared to CNY 47.75 million a year ago. Revenue was CNY 140.95 million compared to CNY 47.75 million a year ago. Net income was CNY 29.05 million compared to net loss of CNY 0.945277 million a year ago. Basic earnings per share from continuing operations was CNY 0.126 compared to basic loss per share from continuing operations of CNY 0.004 a year ago. Diluted earnings per share from continuing operations was CNY 0.126 compared to diluted loss per share from continuing operations of CNY 0.004 a year ago.
Willing New Energy Co Ltd, formerly Anshan Heavy Duty Mining Machinery Co Ltd, is a China-based company mainly engaged in lithium battery new energy business. The Company's main businesses include lithium ore beneficiation, basic lithium battery raw material lithium salt processing and smelting business, as well as construction machinery and equipment manufacturing business. The construction machinery manufacturing business is mainly engaged in the research and development, manufacturing, sales and service of mining, construction and road construction machinery and equipment. The Company's main products include lepidolite and lithium carbonate. The Company's products are ultimately used in new energy vehicles, energy storage fields, among others.
WILLING NEW ENERGY CO., LTD. 
