Weichai Heavy Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:48 am EDT
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Weichai Heavy Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 808.39 million compared to CNY 827.13 million a year ago. Revenue was CNY 808.39 million compared to CNY 827.13 million a year ago. Net income was CNY 19.28 million compared to CNY 18.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.05 a year ago.
Weichai Heavy Machinery Co., Ltd. is a China-based company principally engaged in the development, manufacture and sales of marine power and power generation equipment. The Company's principal products include marine main push equipment, electric push equipment, power generation equipment, pump power engines, as well as propulsion system integration products, such as engines, gear boxes, shafting, propellers, and remote control systems. The Company is also involved in the provision of complete solutions including internal design and integrated management.
WEICHAI HEAVY MACHINERY CO., LTD. 
