Nanning Baling Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 10:20 am EDT
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Nanning Baling Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 303.530 million compared to CNY 254.223 million a year ago. Operating income was CNY 209.635 million compared to operating loss of CNY 5.614 million a year ago. Net income was CNY 183.069 million compared to net loss of CNY 5.836 million a year ago. Basic earnings per share from continuing operations was CNY 0.69 compared to basic loss per share from continuing operations of CNY 0.02 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.