Zhejiang Damon Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:30 pm IST
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Zhejiang Damon Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 197.992 million compared to CNY 90.607 million a year ago. Operating income was CNY 4.267 million compared to CNY 664,287.37 a year ago. Net income was CNY 293,290.63 compared to net loss of CNY 1.777 million a year ago. Basic eps - continuing operations was CNY 0 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Damon Technology Group Co Ltd, formerly Zhejiang Damon Technology Co Ltd, is a China-based company mainly engaged in research, development, design, manufacturing, sales and service of automated logistics conveying and sorting systems, key equipment and its core components. The Company's main products include automated logistics conveyor sorting systems; automated logistics conveyor sorting key equipment, such as box conveyor equipment and pallet conveyor equipment; logistics conveyor sorting core components, such as conveyor rollers. The Company's products are used in e-commerce, express logistics, clothing, medicine, tobacco, new retail, smart manufacturing and other fields. The Company operates its businesses within the domestic market and to overseas markets such as South Korea, Australia, European Union countries, the United States and India.
DAMON TECHNOLOGY GROUP CO.,LTD. 
