Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 11, 2022 at 06:54 am EDT
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Jiangxi Hengda Hi-Tech Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 513.68 million compared to CNY 295.56 million a year ago. Revenue was CNY 528.16 million compared to CNY 317.86 million a year ago. Net income was CNY 18.38 million compared to net loss of CNY 508.5 million a year ago. Basic earnings per share from continuing operations was CNY 0.0607 compared to basic loss per share from continuing operations of CNY 1.6631 a year ago. Diluted earnings per share from continuing operations was CNY 0.0607 compared to diluted loss per share from continuing operations of CNY 1.6631 a year ago.
JIANGXI HENGDA HI-TECH CO.,LTD. is a China-based company principally engaged in the manufacture of industrial anti-abrasion and anti-corrosion products, as well as the provision of technical services. The Company's main products and services include Hengda Supersonic (HDS) arc spraying products, flame spraying products, plasma spraying products, mold technology (MT) series wear-resistant ceramics, monomer casting (MC) series wear-resistant materials, hard surface surfacing repair products, cold metal transfer (CMT) welding products and environmental engineering. The Company distributes its products in domestic market.