Beijing Labtech Instruments Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 24, 2021 at 02:47 pm IST
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Beijing Labtech Instruments Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 348.841 million compared to CNY 380.518 million a year ago. Operating income was CNY 71.731 million compared to CNY 73.513 million a year ago. Net income was CNY 68.045 million compared to CNY 61.323 million a year ago. Basic earnings per share from continuing operations was CNY 1.22 compared to CNY 1.23 a year ago.
Beijing LabTech Instruments Co Ltd is a China-based company mainly engaged in the research, development, production and sales of experimental analytical instruments. The company also provides customers with the implementation of clean and environmentally friendly laboratory solutions, including the specific implementation of various laboratory businesses such as clean chemical laboratories, laboratory ventilation and renovation projects. The Company has brands such as LabTech, CDS, and Empore. The Company's main products include fully automatic multi-functional high-throughput thermal cracking instrument, fully automatic high-throughput solid phase extraction series instrument, fully automatic nuclide separation instrument series, radioactive element enrichment series and circulating water cooler, etc. Its products are used in food testing, environmental monitoring, drug quality testing, medical diagnosis and other industries.