Jiangyin Zhongnan Heavy Industries Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 12, 2022 at 06:04 am EDT
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Jiangyin Zhongnan Heavy Industries Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 394.74 million compared to CNY 350.33 million a year ago. Revenue was CNY 481.55 million compared to CNY 386.83 million a year ago. Net income was CNY 207.2 million compared to CNY 131.26 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago.
Zhongnanhong Culture Group Co., Ltd., formerly Jiangyin Zhongnan Heavy Industries Co., Ltd., is a China-based company, principally engaged in culture and media business. The Company operates its businesses through two segments. The Culture business segment is engaged in the investment, plan, manufacture, publication and distribution of television and film projects and derived business, artist management, copyright development and operation, game production and distribution and equity investment. The Manufacturing Business segment is engaged in the manufacture and distribution of pipe fittings, flanges and pressure vessels. The Company distributes its products within domestic market and to overseas markets.