IFE Elevators Co., Ltd. Reports Earnings Results for the First quarter Ended March 31, 2021
April 27, 2021 at 01:40 pm
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IFE Elevators Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 189.267 million compared to CNY 89.917 million a year ago. Operating loss was CNY 7.239 million compared to CNY 18.957 million a year ago. Net loss was CNY 6.900 million compared to CNY 18.273 million a year ago. Basic loss per share from continuing operations was CNY 0.0205 compared to CNY 0.0543 a year ago. Diluted loss per share from continuing operations was CNY 0.0203 compared to CNY 0.0535 a year ago.
IFE Elevators Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing and sales of elevators, escalators and passenger conveyors, as well as providing related product installation, renovation and maintenance services. The Company's main products include passenger elevators, freight elevators, escalators and passenger conveyors. The Company distributes its products within domestic market and to overseas markets.