Henan Huanghe Whirlwind Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 04:38 am EDT
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Henan Huanghe Whirlwind Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,204.006 million compared to CNY 1,657.774 million a year ago. Operating loss was CNY 76.864 million compared to CNY 45.189 million a year ago. Net loss was CNY 75.492 million compared to net income of CNY 47.801 million a year ago. Basic loss per share from continuing operations was CNY 0.0523 compared to basic earnings per share from continuing operations of CNY 0.0329 a year ago.
HENAN HUANGHE WHIRLWIND CO., LTD. is a China-based company primarily engaged in the research and development, production and sales of superhard materials and products. The Company mainly operates through two business segments: the Superhard Materials and Products segment and the Industrial Intelligent segment. The Company's primary products include superhard materials, superhard material products, construction machineries, superhard cutting tools, superhard composite materials and metal powder. Its superhard materials are mainly used for the manufacturing of diamond grinding tools, diamond dressing tools, diamond drilling tools, diamond sawing tools, diamond superhard materials and other products.
HENAN HUANGHE WHIRLWIND CO., LTD. 
