Bohai Automotive Systems CO., LTD. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:46 am EDT
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Bohai Automotive Systems CO., LTD. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,442.69 million compared to CNY 3,328.43 million a year ago. Revenue was CNY 3,442.69 million compared to CNY 3,328.43 million a year ago. Net loss was CNY 28.17 million compared to net income of CNY 4.55 million a year ago. Basic loss per share from continuing operations was CNY 0.0296 compared to basic earnings per share from continuing operations of CNY 0.0048 a year ago. Diluted loss per share from continuing operations was CNY 0.0296 compared to diluted earnings per share from continuing operations of CNY 0.0048 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.