Chongqing Chuanyi Automation Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:14 pm IST
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Chongqing Chuanyi Automation Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,029.676 million compared to CNY 643.453 million a year ago. Operating income was CNY 173.128 million compared to operating loss of CNY 42.066 million a year ago. Net income was CNY 150.237 million compared to net loss of CNY 36.873 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to basic loss per share from continuing operations of CNY 0.09 a year ago.
Chongqing Chuanyi Automation CO.,LTD. is a China-based company principally engaged in industrial automation system installation and engineering complete set businesses. The Company's main products include intelligent actuators, smart transmitters, smart regulating valves, smart flow meters, temperature gauges, control equipment and instrumentation and analytical instruments. The Company also provides turnkey services. The Company distributes its products in domestic market and to overseas markets, with the southern region of China as its main market.