Beijing Jingyuntong Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 04:22 pm IST
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Beijing Jingyuntong Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 727.535 million compared to CNY 315.139 million a year ago. Operating income was CNY 101.634 million compared to operating loss of CNY 10.724 million a year ago. Net income was CNY 84.353 million compared to net loss of CNY 15.325 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Beijing Jingyuntong Technology Co., Ltd. is a China-based company principally engaged in the manufacturing of semiconductor and photovoltaic precision equipments. The Company's main businesses include the equipment manufacturing, new energy power generation, new materials, as well as the energy saving and environmental protection businesses, among others. The Company's main products include the monocrystalline silicon growth furnaces and polysilicon ingot furnaces, as well as silicon rods, ingots and silicon wafers. Its products are mainly used in the production of polycrystalline silicon ingots, monocrystalline silicon rods, solar grade silicon and solar cells, among others.