QingHaiHuaDing Industrial CO.,LTD. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 08:56 am EDT
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QingHaiHuaDing Industrial CO.,LTD. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 667.59 million compared to CNY 624.84 million a year ago. Revenue was CNY 676.03 million compared to CNY 636.71 million a year ago. Net loss was CNY 109.24 million compared to net income of CNY 28.96 million a year ago. Basic loss per share from continuing operations was CNY 0.25 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.25 compared to diluted earnings per share from continuing operations of CNY 0.07 a year ago.
QingHai HuaDing Industrial Co Ltd is a China-based company principally engaged in the manufacturer and sales of mechanical products. The Company's main products consist of machine tools, food processing machines, elevator components, gearboxes, lighting equipment, hotel equipment and others. It is also engaged in the provision of food and medical services. Its products are applied in metallurgy, ship, property development and food manufacturing industries, among others. The Company distributes its products primarily in domestic markets, with South China and Northeast China as its major markets.