Wencan Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 11, 2021 at 07:16 am EDT
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Wencan Group Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,032.504 million compared to CNY 644.488 million a year ago. Operating income was CNY 80.212 million compared to CNY 40.911 million a year ago. Net income was CNY 73.287 million compared to CNY 34.414 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.15 a year ago.
Wencan Group Co Ltd, formerly Guangdong Wencan Die Casting Co Ltd, is a China-based company principally engaged in the research and development, production and sales of automotive aluminum alloy precision die castings. The Company's main products include vacuum pumps, automobile engine blocks, automobile air-conditioning compressors, automobile gearbox housings, automobile steering gear housings and brake parts. Its products are mainly used in automobile engine systems, transmission systems, chassis systems, braking systems, body structures and other auto parts.
WENCAN GROUP CO., LTD. 
