Anshan Heavy Duty Mining Machinery Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 09, 2022 at 08:39 am EDT
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Anshan Heavy Duty Mining Machinery Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 285.77 million compared to CNY 55.08 million a year ago. Revenue was CNY 288.6 million compared to CNY 116.27 million a year ago. Net income was CNY 48.67 million compared to CNY 1.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.2106 compared to CNY 0.0044 a year ago. Diluted earnings per share from continuing operations was CNY 0.2106 compared to CNY 0.0044 a year ago.
Willing New Energy Co Ltd, formerly Anshan Heavy Duty Mining Machinery Co Ltd, is a China-based company mainly engaged in lithium battery new energy business. The Company's main businesses include lithium ore beneficiation, basic lithium battery raw material lithium salt processing and smelting business, as well as construction machinery and equipment manufacturing business. The construction machinery manufacturing business is mainly engaged in the research and development, manufacturing, sales and service of mining, construction and road construction machinery and equipment. The Company's main products include lepidolite and lithium carbonate. The Company's products are ultimately used in new energy vehicles, energy storage fields, among others.
WILLING NEW ENERGY CO., LTD. 
