Hunan Baili Engineering Sci&Tech Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 09:13 am
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Hunan Baili Engineering Sci&Tech Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 477.67 million compared to CNY 334.79 million a year ago. Revenue was CNY 477.67 million compared to CNY 334.79 million a year ago.
Net income was CNY 69.63 million compared to CNY 30.75 million a year ago. Basic earnings per share from continuing operations was CNY 0.142. Diluted earnings per share from continuing operations was CNY 0.142.
Hunan Baili Engineering Sci & Tech Co Ltd is a company mainly providing engineering general contract services. The Company's businesses include engineering general contract, engineering consulting and design, as well as sales of lithium battery equipment. The engineering general contract business mainly provides related services in petrochemical industry, and its modes include engineering procurement construction (EPC), engineering procurement construction management (EPCM). The engineering consulting and design business provides the clients with engineering consulting services, design documents, design papers and other design related services. The lithium battery equipment business is engaged in the production and sales of equipment used for manufacturing lithium batteries, including intelligent feeding systems and high vacuum drying systems. The Companyâs services are mainly used in petrochemical, lithium battery materials and hydrogen fuel cell materials industries.