Guang Zhou Huayan Precision Machinery Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:48 am EDT
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Guang Zhou Huayan Precision Machinery Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 101.54 million compared to CNY 122.27 million a year ago. Revenue was CNY 101.54 million compared to CNY 122.27 million a year ago. Net income was CNY 13.43 million compared to CNY 19.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.22 a year ago.
Guang Zhou Huayan Precision Machinery Co Ltd is a China-based company primarily engaged in the design, research, development, production and sales of preform intelligent molding systems and preform molds. The Company operates four segments. Preform Intelligent Forming System segment's products include high-end Epioneer series, mid-to-high-end EcoSys series, mid-range HY-D series, small Econ series, 5-gallon oil preform HY-F series and bottle cap HY-C series. Preform Molds segment's products include small molds with 32 cavities or less (not including 32 cavities), medium molds with 32 to 96 cavities, and large molds with 96 cavities or more (not including 96 cavities). Services, Accessories and Others segment is involved in the provision of mold renovation and maintenance, equipment upgrading and transformation, preform bottle sample design, production line planning, preform products, services, accessories and others. Preform Products segment provides related products.