Guoanda Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 11:06 am
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Guoanda Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 43.181 million compared to CNY 40.512 million a year ago. Operating income was CNY 5.168 million compared to CNY 11.106 million a year ago. Net income was CNY 4.122 million compared to CNY 10.825 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.11 a year ago.
Guoanda Co Ltd is a China-based company engaged in research and development, production and sales of fire extinguishing devices. The Company's products include ultra-fine dry powder automatic fire extinguishing devices and intelligent fire fighting systems, automatic fire extinguishing devices and intelligent fire fighting systems used for battery boxes, as well as fixed fire extinguishing systems used for passenger compartments. Its products are used in a range of areas, covering passenger car engine compartments, lithium battery boxes of new energy vehicles, substation cables and new energy power stations.
GUOANDA CO., LTD. 
