Sichuan Haite High-tech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 05:53 am EDT
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Sichuan Haite High-tech Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 601.56 million compared to CNY 700.12 million a year ago. Revenue was CNY 601.56 million compared to CNY 700.12 million a year ago. Net income was CNY 676.78 million compared to net loss of CNY 15.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.9105 compared to basic loss per share from continuing operations of CNY 0.021 a year ago. Diluted earnings per share from continuing operations was CNY 0.9105 compared to diluted loss per share from continuing operations of CNY 0.021 a year ago.
Sichuan Haite High-tech Co., Ltd. is a China-based company principally engaged in aviation related businesses. The Company operates through five segments. Aviation New Technology Development and Manufacture segment is engaged in the research and development of aircraft avionics, mechanical accessories, ground testing equipment and flight simulators. Microelectronics segment is engaged in the research, development and manufacture of semiconductor integrated circuit chips. Aviation Training segment is engaged in the provision of pilot training and flight attendant training and the development of flight simulators. Aviation Leasing segment is engaged in finance leasing business. Aviation Maintenance segment is engaged in the repair and maintenance of aircrafts and related components. The Company operates businesses in both domestic and overseas markets.