Weichai Heavy Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 08:35 am EDT
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Weichai Heavy Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,308.471 million compared to CNY 2,658.763 million a year ago. Operating income was CNY 102.480 million compared to CNY 69.179 million a year ago. Net income was CNY 109.685 million compared to CNY 83.675 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.3 a year ago.
Weichai Heavy Machinery Co Ltd is a China-based company mainly engaged in the development, manufacture and sales of 30-12,000 horsepower medium and high-speed diesel engines, generator sets and power integration systems for the marine power and power generation equipment markets. The Company's generator sets are used in communication, petroleum, medical, plateau, railway, field rescue, agriculture and animal husbandry fields. The Company also provides diesel engine parts, marine gearbox accessories and other products. The Company distributes its products within domestic and to overseas markets.
WEICHAI HEAVY MACHINERY CO., LTD. 
