Guangzhou Haozhi Industrial Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 29, 2021 at 05:16 am
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Guangzhou Haozhi Industrial Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 618.816 million compared to CNY 458.839 million a year ago. Operating income was CNY 126.163 million compared to CNY 77.561 million a year ago. Net income was CNY 104.310 million compared to CNY 65.347 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.23 a year ago.
Guangzhou Haozhi Industrial Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of spindles, rotary tables and spare parts of computerized numerical control (CNC) machines, as well as the provision of maintenance services. The Company's main products include printed circuit board (PCB) drilling machine spindles, PCB forming machine spindles, CNC engraving and milling machine spindles, high speed machining center spindles, drilling and tapping center spindles, ultrasonic electric spindles, lathe spindles and woodworking electric spindles. The Companyâs products are mainly used in CNC lathes, drill hole special machine tools and CNC milling machine tools. The Company distributes its products mainly in domestic market, with South China and East China as its main markets.