Sichuan Haowu Electromechanical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:45 am EDT
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Sichuan Haowu Electromechanical Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,210.4 million compared to CNY 2,667.71 million a year ago. Revenue was CNY 3,210.4 million compared to CNY 2,667.71 million a year ago. Net income was CNY 77.31 million compared to CNY 13.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.02 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.