Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 20, 2021 at 12:46 pm
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Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 46.932 million compared to CNY 44.105 million a year ago. Operating income was CNY 6.713 million compared to operating loss of CNY 2.276 million a year ago. Net income was CNY 5.113 million compared to net loss of CNY 2.437 million a year ago. Basic earnings per share from continuing operations was CNY 0.015 compared to basic loss per share from continuing operations of CNY 0.007 a year ago.
Jikai Equipment Manufacturing Co., Ltd., formerly Shijiazhuang Zhongmei Coal Mine Equipment Manufacture Co., Ltd., is principally engaged in the research, development, manufacture, distribution and services of coal mining machineries. The Company provides support and protective machine tools, including roof bolters, oil pumps and machine tool sets, as well as safety drillers, heading equipment and transportation machineries. In addition, the Company involves in the trading business through its subsidiary. The Company distributes its products within domestic market and to overseas markets.