Hunan Corun New Energy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:43 am EDT
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Hunan Corun New Energy Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,160.95 million compared to CNY 1,782.99 million a year ago. Revenue was CNY 2,160.95 million compared to CNY 1,782.99 million a year ago. Net income was CNY 39.85 million compared to net loss of CNY 67.85 million a year ago. Basic earnings per share from continuing operations was CNY 0.024 compared to basic loss per share from continuing operations of CNY 0.041 a year ago. Diluted earnings per share from continuing operations was CNY 0.024 compared to diluted loss per share from continuing operations of CNY 0.041 a year ago.
HUNAN CORUN NEW ENERGY CO., LTD. is a China-based company, principally engaged in the research and development, design, production and sales of energy saving and new energy vehicle core components. The Company operates its businesses through five segments, including Nickel Products segment, Power Battery segment, Consumer Battery segment, Hybrid Powertrain System segment and Hybrid Electric Vehicle Demonstration Operation segment. The Company is also engaged in the operation of trading business for its products.