Ningbo Henghe Precision Industry Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 05:43 pm IST
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Ningbo Henghe Precision Industry Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 157.781 million compared to CNY 81.962 million a year ago. Operating income was CNY 4.942 million compared to operating loss of CNY 2.752 million a year ago. Net income was CNY 3.991 million compared to net loss of CNY 3.040 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to diluted loss per share from continuing operations of CNY 0.02 a year ago.
Ningbo Henghe Precision Industry Co Ltd, formerly Ningbo Henghe Mould Co Ltd, is a company mainly engaged in research and development, design and manufacturing of injection products. The Company's products include injection products, precision molds, metal parts and so on. The products are applied in household appliances, auto parts, light emitting diodes (LEDs), sanitary wares and electronic consumer products. The Company also provides mold design and product assembly services.