Zhengzhou Deheng Hongsheng Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 20, 2021 at 07:03 am EDT
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Zhengzhou Deheng Hongsheng Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,839.458 million compared to CNY 1,422.808 million a year ago. Operating income was CNY 306.832 million compared to CNY 237.111 million a year ago. Net income was CNY 231.803 million compared to CNY 179.757 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.36 a year ago.
Yutong Heavy Industries Co Ltd is a China-based company mainly engaged in the production of machinery and equipment. The Company operates through two segments. The Machinery Equipment segment is mainly engaged in the research and development, production and sales of sanitation equipment, products including sanitation cleaning equipment and garbage collection and transfer equipment; mining equipment, products including new energy mining vehicles and fuel mining vehicles; basic engineering machinery, products including rotary excavation drilling rigs, crawler cranes and bridge inspection vehicles. The Environmental Sanitation Services segment is mainly engaged in road cleaning, garbage collection and transportation, landscaping maintenance, municipal facilities management and maintenance, property services, garbage classification and renewable resources, public toilet management and other services. The Company mainly operates its businesses in the domestic and overseas markets.