Nantong Guosheng Intelligence Technology Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 02:09 pm IST
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Nantong Guosheng Intelligence Technology Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 845.37 million compared to CNY 504.41 million a year ago. Revenue was CNY 845.37 million compared to CNY 504.41 million a year ago. Net income was CNY 152.18 million compared to CNY 81.24 million a year ago. Basic earnings per share from continuing operations was CNY 1.15 compared to CNY 0.74 a year ago. Diluted earnings per share from continuing operations was CNY 1.15 compared to CNY 0.74 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.