Beijing Emerging Eastern Aviation Equipment Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 03, 2021
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Beijing Emerging Eastern Aviation Equipment Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 59.932 million compared to CNY 139.046 million a year ago. Operating loss was CNY 22.135 million compared to operating Income of CNY 60.391 million a year ago. Net loss was CNY 16.646 million compared to net income of CNY 50.824 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to basic earnings per share from continuing operations of CNY 0.43 a year ago.
BEIJING EMERGING EASTERN AVIATION EQUIPMENT CO., LTD. is a China-based company principally engaged in the research, development, manufacture and sales of aviation equipment based on servo control technology, as well as the provision of related technical services. The Company's main products are airborne suspension/launching devices, such as rack-mounted random systems and turret random systems. The Company also provides aviation equipment, such as aircraft information management and recording systems, integrated testing and support systems, as well as military autonomous controllable computers. The Company's products are mainly applied in aerospace equipment, such as helicopters, fixed-wing aircrafts and drones.