Taiyuan Heavy Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 05:55 am EDT
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Taiyuan Heavy Industry Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 4,029.857 million compared to CNY 3,907.732 million a year ago. Operating income was CNY 50.623 million compared to operating loss of CNY 301.916 million a year ago. Net income was CNY 121.055 million compared to net loss of CNY 306.333 million a year ago. Basic earnings per share from continuing operations was CNY 0.0363 compared to basic loss per share from continuing operations of CNY 0.1195 a year ago.
TAIYUAN HEAVY INDUSTRY CO.,LTD. is a China-based company, principally engaged in the manufacture and sales of heavy duty equipment. The Company's main products include excavators and coking devices, cranes, train axles and wheel-pairs, rolling mills and forging equipment, gear rotating machinery, coal chemical industry equipment, wind power equipment, oil film bearings and casting and forgings. Its products are applied in metallurgy, mining, energy, transportation, marine, aerospace, chemical, railway, shipbuilding, environmental protection and other industries. The Company distributes its products within domestic market and to overseas markets.
TAIYUAN HEAVY INDUSTRY CO., LTD. 
