Nantong Guosheng Intelligence Technology Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 01:37 pm IST
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Nantong Guosheng Intelligence Technology Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 554.433 million compared to CNY 328.020 million a year ago. Operating income was CNY 112.300 million compared to CNY 61.607 million a year ago. Net income was CNY 98.378 million compared to CNY 53.488 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 0.54 a year ago.
Nantong Guosheng Intelligence Technology Group Co Ltd is a company mainly engaged in manufacturing and sales of computer numerical control (CNC) machine tools. The Company's products include CNC machine tools, equipment components and intelligent automated production lines. The CNC machine tool products are mainly comprised of cutting machine tools, such as precision horizontal machining centers and large complex gantry machining centers. The products are used in biomedicine, aerospace, new energy equipment and other industries. The intelligent automated production line products include automation units and equipment, as well as full set production lines. The equipment component products include customized machine tool bodies, precision sheet weldment and castings.