Anshan Heavy Duty Mining Machinery Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 07:26 am
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Anshan Heavy Duty Mining Machinery Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 116.272 million compared to CNY 57.114 million a year ago. Operating loss was CNY 722,676.47 compared to operating Income of CNY 10.288 million a year ago. Net income was CNY 1.013 million compared to CNY 8.382 million a year ago. Basic earnings per share from continuing operations was CNY 0.0044 compared to CNY 0.0364 a year ago.
Willing New Energy Co Ltd, formerly Anshan Heavy Duty Mining Machinery Co Ltd, is a China-based company mainly engaged in lithium battery new energy business. The Company's main businesses include lithium ore beneficiation, basic lithium battery raw material lithium salt processing and smelting business, as well as construction machinery and equipment manufacturing business. The construction machinery manufacturing business is mainly engaged in the research and development, manufacturing, sales and service of mining, construction and road construction machinery and equipment. The Company's main products include lepidolite and lithium carbonate. The Company's products are ultimately used in new energy vehicles, energy storage fields, among others.