Taiyuan Heavy Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:37 am EDT
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Taiyuan Heavy Industry Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 5,825.24 million compared to CNY 5,946.5 million a year ago. Net income was CNY 217.93 million compared to net loss of CNY 305.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.0654 compared to basic loss per share from continuing operations of CNY 0.1192 a year ago.
TAIYUAN HEAVY INDUSTRY CO.,LTD. is a China-based company, principally engaged in the manufacture and sales of heavy duty equipment. The Company's main products include excavators and coking devices, cranes, train axles and wheel-pairs, rolling mills and forging equipment, gear rotating machinery, coal chemical industry equipment, wind power equipment, oil film bearings and casting and forgings. Its products are applied in metallurgy, mining, energy, transportation, marine, aerospace, chemical, railway, shipbuilding, environmental protection and other industries. The Company distributes its products within domestic market and to overseas markets.