Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 09, 2022 at 06:02 am EDT
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Jiangxi Hengda Hi-Tech Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 166.72 million compared to CNY 255.04 million a year ago. Revenue was CNY 173.66 million compared to CNY 262.81 million a year ago. Net loss was CNY 4.53 million compared to net income of CNY 20.37 million a year ago. Basic loss per share from continuing operations was CNY 0.0151 compared to basic earnings per share from continuing operations of CNY 0.0669 a year ago. Diluted loss per share from continuing operations was CNY 0.0151 compared to diluted earnings per share from continuing operations of CNY 0.0669 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.