Xi'an Triangle Defense Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 22, 2020 at 01:11 pm
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Xi'an Triangle Defense Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 143.467 million compared to CNY 164.702 million a year ago. Operating income was CNY 43.165 million compared to CNY 62.934 million a year ago. Net income was CNY 37.418 million compared to CNY 54.783 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.12 a year ago.
XiAn Triangle Defense Co Ltd is a China-based company mainly engaged in the research, production and sales of forging products in the fields of aviation, aerospace and marine, as well as the provision of corresponding service businesses. The Company's main products include die forgings, free forgings and others. These products are mainly used in the manufacture of large aircrafts, fighter fuselages, landing gear systems, helicopters, aircraft engines and gas turbine disks. The Company mainly conducts its businesses in domestic market.
XI'AN TRIANGLE DEFENSE CO.,LTD 
