Chengdu Haoneng Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 06:39 am EDT
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Chengdu Haoneng Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 409.19 million compared to CNY 365.92 million a year ago. Revenue was CNY 409.19 million compared to CNY 365.92 million a year ago. Net income was CNY 81.96 million compared to CNY 66.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.2125 compared to CNY 0.1742 a year ago. Diluted earnings per share from continuing operations was CNY 0.2082 compared to CNY 0.1684 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. 
