Chengdu Haoneng Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:23 am EDT
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Chengdu Haoneng Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 365.918 million compared to CNY 215.528 million a year ago. Operating income was CNY 83.167 million compared to CNY 49.525 million a year ago. Net income was CNY 66.308 million compared to CNY 39.870 million a year ago. Basic earnings per share from continuing operations was CNY 0.3065 compared to CNY 0.1907 a year ago. Diluted earnings per share from continuing operations was CNY 0.2965 compared to CNY 0.1907 a year ago.
Chengdu Haoneng Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive driveline-related components and high-end precision manufacturing of aerospace components. The Company's auto parts business includes two assembly systems, synchronizer and differential, as well as dual clutch transmission (DCT) parts and rail transit drive system parts, which are mainly used in fuel vehicles and new energy vehicles. The Company's aviation parts business products include aircraft nose, fuselage, wing, tail section and other related parts, which are mainly used in various types of military aircraft, civil aircraft and unmanned aerial vehicles.
CHENGDU HAONENG TECHNOLOGY CO., LTD. 
