Leader Harmonious Drive Systems Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 11, 2022 at 07:11 am EDT
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Leader Harmonious Drive Systems Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 242.19 million compared to CNY 181.78 million a year ago. Revenue was CNY 243.41 million compared to CNY 184.01 million a year ago. Net income was CNY 91.64 million compared to CNY 83.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.5436 compared to CNY 0.4947 a year ago. Diluted earnings per share from continuing operations was CNY 0.5434 compared to CNY 0.4947 a year ago.
Leader Harmonious Drive Systems Co Ltd is a company engaged in research and development, production and sales of precision transmission devices. The Company's primary products are harmonic reducers, mechatronics actuators and precision parts. The harmonic reducer products are comprised of LCD series suitable for robot manufacturing, as well as LCS series, LCSG series, LHD series, LHS series and LHSG series. The mechatronics actuator products are produced by integrating servo systems, harmonic reducers and sensors, including rotary actuators and reduction modules. The precision part products include stainless steel machined parts, aluminum machined parts and copper machined parts. The Company's products are used in industrial robots, service robots, CNC machine tools, aerospace, medical equipment and other fields.