Weichai Heavy Machinery Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 02:15 pm IST
Share
Weichai Heavy Machinery Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,869.632 million compared to CNY 1,511.111 million a year ago. Operating income was CNY 92.092 million compared to CNY 56.419 million a year ago. Net income was CNY 78.164 million compared to CNY 56.862 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.21 a year ago.
Weichai Heavy Machinery Co Ltd is a China-based company mainly engaged in the development, manufacture and sales of 30-12,000 horsepower medium and high-speed diesel engines, generator sets and power integration systems for the marine power and power generation equipment markets. The Company's generator sets are used in communication, petroleum, medical, plateau, railway, field rescue, agriculture and animal husbandry fields. The Company also provides diesel engine parts, marine gearbox accessories and other products. The Company distributes its products within domestic and to overseas markets.