Nanning Baling Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 28, 2022 at 09:14 am EDT
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Nanning Baling Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 526.6 million compared to CNY 515.82 million a year ago. Net income was CNY 16.11 million compared to net loss of CNY 685.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 2.57 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to diluted loss per share from continuing operations of CNY 2.57 a year ago.
Nanning Baling Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive thermal management system related products and body structure products. The Company's products include high and low radiators, intercoolers, oil coolers and other heat exchangers, condensers and other automotive air-conditioning series, as well as car bumpers. The Company is also engaged in cultural performance business, cell technology and health management service business, plastic and aluminum sales and real estate leasing business. The Company mainly conducts its businesses in domestic market.
NANNING BALING TECHNOLOGY CO., LTD. 
