Shanxi Huhua Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 07:44 am EDT
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Shanxi Huhua Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 499.88 million compared to CNY 399.46 million a year ago. Revenue was CNY 499.88 million compared to CNY 399.46 million a year ago. Net income was CNY 62.37 million compared to CNY 69.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.3119 compared to CNY 0.45 a year ago. Diluted earnings per share from continuing operations was CNY 0.3119 compared to CNY 0.45 a year ago.
Shanxi Huhua Group Co Ltd is a China-based company mainly engaged in the research and development, production and sales of various types of civil explosives. The Company also provides customers with specific engineering blasting solutions and blasting services. The Company's main products are industrial explosives, industrial detonators, industrial cables and other initiating equipment. Its products are used in mining, metallurgy, transportation, water conservancy, power, construction and petroleum fields. The Company is also engaged in digital electronic detonator chip design research and development and consumer electronics product design services. The Company conducts its businesses within the domestic market and to overseas markets.