Bohai Automotive Systems Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 12:04 pm EDT
Share
Bohai Automotive Systems CO., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,481.785 million compared to CNY 2,121.871 million a year ago. Operating income was CNY 27.759 million compared to operating loss of CNY 34.821 million a year ago. Net income was CNY 14.363 million compared to net loss of CNY 20.748 million a year ago. Basic earnings per share from continuing operations was CNY 0.0151 compared to basic loss per share from continuing operations of CNY 0.0218 a year ago.
Bohai Automotive Systems Co Ltd, formerly Shandong Binzhou Bohai Piston Co Ltd, is a China-based company mainly engaged in the design, development, manufacturing and sales of pistons and other auto parts. The Company's main products include pistons and components, lightweight auto parts, auto wheels, auto air conditioners, shock absorbers, exhaust systems, fuel tanks, etc. Its products are mainly used in new energy vehicles and light-weight components of traditional vehicles, automotive powertrain components, chassis assembly components and heat exchange system components. The Company operates its businesses in domestic and overseas markets.