Ningbo Hengshuai Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 23, 2021 at 07:20 am EDT
Share
NINGBO HENGSHUAI Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 282.656 million compared to CNY 128.750 million a year ago. Operating income was CNY 67.438 million compared to CNY 28.135 million a year ago. Net income was CNY 61.305 million compared to CNY 26.403 million a year ago. Basic earnings per share from continuing operations was CNY 0.92 compared to CNY 0.44 a year ago.
Ningbo Hengshuai Co Ltd is a China-based company mainly engaged in the production of automotive micromotors and related products. The Company mainly produces micro motors for vehicles, including trunk and side door motors, fan motors, and anti-locked braking system motors; as well as car washing pumps with micro motors as the core components, which are mainly responsible for pumping washing liquid through pipeline systems and nozzles To clean the windshield or car headlights; cleaning system products, including the washing liquid tank assembly, washing pipes, washing nozzles and liquid filling pipes. The Company distributes its products and services within the domestic market and to overseas markets.
NINGBO HENGSHUAI CO., LTD. 
