Ningbo Heli Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:56 pm EDT
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Ningbo Heli Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 121.258 million compared to CNY 101.154 million a year ago. Operating income was CNY 15.011 million compared to CNY 21.562 million a year ago. Net income was CNY 13.395 million compared to CNY 17.937 million a year ago. Basic earnings per share from continuing operations was CNY 0.0854 compared to CNY 0.1144 a year ago.
Ningbo Heli Technology Co Ltd is a China-based company engaged in the research and development, design, manufacturing and sales of automotive casting molds, die-casting molds, hot stamping molds, aluminum alloy parts and automotive brake systems. The Company's main products are large precision molds including automotive engine molds, gearbox housing molds, new energy vehicle battery box molds, motor molds, hot stamping molds including automotive door rings, A-pillars, B-pillars, anti-collision beams, bumpers and lightweight aluminum alloy parts including automotive engine cylinder heads, automotive engine brackets, automotive flywheel housings, automotive power steering housings, rail transit gearbox housings and commercial vehicle brake assembly systems.