Weichai Heavy Machinery Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:26 pm IST
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Weichai Heavy Machinery Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,620.1 million compared to CNY 2,294.57 million a year ago. Revenue was CNY 2,620.1 million compared to CNY 2,294.57 million a year ago. Net income was CNY 113.96 million compared to CNY 86.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.2583 a year ago. Diluted earnings per share from continuing operations was CNY 0.34 compared to CNY 0.2583 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.