Linzhou Heavy Machinery Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:52 am EDT
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Linzhou Heavy Machinery Group Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 345.97 million compared to CNY 594.9 million a year ago. Revenue was CNY 345.97 million compared to CNY 594.9 million a year ago. Net loss was CNY 144.42 million compared to net income of CNY 10.24 million a year ago. Basic loss per share from continuing operations was CNY 0.1801 compared to basic earnings per share from continuing operations of CNY 0.0128 a year ago. Diluted loss per share from continuing operations was CNY 0.1801 compared to diluted earnings per share from continuing operations of CNY 0.0128 a year ago.
Linzhou Heavy Machinery Group Co.,Ltd is a China-based company principally engaged in the manufacture, sale, maintenance and leasing of coal machinery equipment. The Company's main products include brackets, scrapers, pillars, road headers and other products. The Company is also involved in the manufacture and sales of explosion-proof electrical apparatus and robots, the operation of coal mines, the casting of pig iron, the sales of coal, as well as commercial factoring business. The Company distributes its products mainly in domestic market.
LINZHOU HEAVY MACHINERY GROUP CO.,LTD 
