GENERAL Elevator Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 10:21 am
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GENERAL Elevator Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 61.680 million compared to CNY 31.062 million a year ago. Operating income was CNY 782,910.65 compared to operating loss of CNY 1.557 million a year ago. Net income was CNY 5.455 million compared to net loss of CNY 1.624 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
General Elevator Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators and moving walk products. The Company provides systematic solutions and renewal solutions for the elevator configuration of various buildings. The Company's products include passenger elevators, sightseeing elevators, hospital elevators, home elevators, freight elevators, car elevators, elevators installed in existing buildings, escalators and moving walkway. The Company mainly distributes its products in the domestic market.