Guangzhou Haozhi Industrial Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 21, 2022 at 06:06 am EDT
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Guangzhou Haozhi Industrial Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,131.78 million compared to CNY 873.69 million a year ago. Revenue was CNY 1,139.98 million compared to CNY 874.38 million a year ago. Net income was CNY 155.44 million compared to CNY 74.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.52 compared to CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.52 compared to CNY 0.26 a year ago.
Guangzhou Haozhi Industrial Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of spindles, rotary tables and spare parts of computerized numerical control (CNC) machines, as well as the provision of maintenance services. The Company's main products include printed circuit board (PCB) drilling machine spindles, PCB forming machine spindles, CNC engraving and milling machine spindles, high speed machining center spindles, drilling and tapping center spindles, ultrasonic electric spindles, lathe spindles and woodworking electric spindles. The Companyâs products are mainly used in CNC lathes, drill hole special machine tools and CNC milling machine tools. The Company distributes its products mainly in domestic market, with South China and East China as its main markets.