Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 29, 2021 at 08:17 am
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Jiangxi Hengda Hi-Tech Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 317.861 million compared to CNY 378.175 million a year ago. Operating loss was CNY 511.118 million compared to operating Income of CNY 96.077 million a year ago. Net loss was CNY 508.501 million compared to net income of CNY 84.556 million a year ago. Basic loss per share from continuing operations was CNY 1.6631 compared to basic earnings per share from continuing operations of CNY 0.2834 a year ago. Diluted loss per share from continuing operations was CNY 1.6631 compared to diluted earnings per share from continuing operations of CNY 0.2825 a year ago.
JIANGXI HENGDA HI-TECH CO.,LTD. is a China-based company principally engaged in the manufacture of industrial anti-abrasion and anti-corrosion products, as well as the provision of technical services. The Company's main products and services include Hengda Supersonic (HDS) arc spraying products, flame spraying products, plasma spraying products, mold technology (MT) series wear-resistant ceramics, monomer casting (MC) series wear-resistant materials, hard surface surfacing repair products, cold metal transfer (CMT) welding products and environmental engineering. The Company distributes its products in domestic market.