Henan Huanghe Whirlwind Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 09:56 pm IST
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Henan Huanghe Whirlwind Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 630.869 million compared to CNY 404.528 million a year ago. Operating income was CNY 10.091 million compared to operating loss of CNY 50.159 million a year ago. Net income was CNY 10.291 million compared to net loss of CNY 49.895 million a year ago. Basic earnings per share from continuing operations was CNY 0.0074 compared to basic loss per share from continuing operations of CNY 0.0346 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.