Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 24, 2021 at 09:02 am
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Jikai Equipment Manufacturing Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 208.9 million compared to CNY 160.7 million a year ago. Revenue was CNY 208.9 million compared to CNY 160.7 million a year ago. Net income was CNY 4.87 million compared to net loss of CNY 12.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.014 compared to basic loss per share from continuing operations of CNY 0.037 a year ago. Diluted earnings per share from continuing operations was CNY 0.014 compared to diluted loss per share from continuing operations of CNY 0.037 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.