Yunnan Xiyi Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:01 pm
Share
Yunnan Xiyi Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 94.460 million compared to CNY 174.704 million a year ago. Operating loss was CNY 18.949 million compared to CNY 4.614 million a year ago. Net loss was CNY 18.881 million compared to CNY 4.821 million a year ago. Basic loss per share from continuing operations was CNY 0.6024 compared to CNY 0.0151 a year ago.
Jianshe Industry Group Yunnan Co Ltd, formerly Yunnan Xiyi Industry Co Ltd, is a China-based company mainly engaged in the research and development (R&D), production and sales of firearms and light weapons, auto parts and strategic emerging businesses. The firearms and light weapons mainly cover firearms and light weapons and equipment, which are fully equipped in the Army, Navy, Air Force, Rocket Force, Strategic Support Force, Public Security, Armed Police and troops stationed in Hong Kong and Macau. The auto parts mainly include steering system, transmission system, precision forging products, engine connecting rod and other products. The strategic emerging businesses mainly include civilian guns, anti-terrorism and anti-riot products, new surface coatings, metal powder injection molding, high-end titanium alloy processing and others.
JIANSHE INDUSTRY GROUP (YUNNAN) CO., LTD. 
