Henan Huanghe Whirlwind Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 09:26 am
Share
Henan Huanghe Whirlwind Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,450.502 million compared to CNY 2,913.720 million a year ago. Operating loss was CNY 923.351 million compared to CNY 65.114 million a year ago. Net loss was CNY 980.415 million compared to net income of CNY 39.061 million a year ago. Basic loss per share from continuing operations was CNY 0.7042 compared to basic earnings per share from continuing operations of CNY 0.029 a year ago.
HENAN HUANGHE WHIRLWIND CO., LTD. is a China-based company primarily engaged in the research and development, production and sales of superhard materials and products. The Company mainly operates through two business segments: the Superhard Materials and Products segment and the Industrial Intelligent segment. The Company's primary products include superhard materials, superhard material products, construction machineries, superhard cutting tools, superhard composite materials and metal powder. Its superhard materials are mainly used for the manufacturing of diamond grinding tools, diamond dressing tools, diamond drilling tools, diamond sawing tools, diamond superhard materials and other products.