Anshan Heavy Duty Mining Machinery Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:22 am
Share
Anshan Heavy Duty Mining Machinery Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 158.85 million compared to CNY 101.3 million a year ago. Revenue was CNY 158.85 million compared to CNY 101.3 million a year ago. Net loss was CNY 16.5 million compared to net income of CNY 12.06 million a year ago. Basic loss per share from continuing operations was CNY 0.071 compared to basic earnings per share from continuing operations of CNY 0.052 a year ago. Diluted loss per share from continuing operations was CNY 0.071 compared to diluted earnings per share from continuing operations of CNY 0.052 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.