Create Technology & Science Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 09:25 am
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Create Technology & Science Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,213.346 million compared to CNY 3,237.263 million a year ago. Operating income was CNY 225.951 million compared to CNY 216.631 million a year ago. Net income was CNY 116.673 million compared to CNY 112.904 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.28 a year ago.
CREATE TECHNOLOGY & SCIENCE CO., LTD. is a China-based company mainly engaged in the manufacturing of special equipment and instruments. The Company operates through six business segments. The Clean and Environmental Protection Equipment and Installation segmentâs products include air cleaning equipment and systems, biosafety equipment and systems, energy saving and environmental protection equipment and systems, gas purification equipment and systems. The Transmission and Distribution High-voltage Insulator segment is engaged in the research and development, production and sales of various types of insulators. The Precision Bearing segment is engaged in the development, production and sales of bearings and rolling elements. The Company also operates the Measurement Instruments segment, Abrasives Abrasives segment and Trade and Services segment. The Company operates it businesses primarily within the domestic market.