Jiangsu DongHua Testing Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 19, 2021 at 02:48 pm IST
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Jiangsu DongHua Testing Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 165.5 million compared to CNY 113.89 million a year ago. Revenue was CNY 165.5 million compared to CNY 113.89 million a year ago. Net income was CNY 39.56 million compared to CNY 8.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.286 compared to CNY 0.0633 a year ago. Diluted earnings per share from continuing operations was CNY 0.286 compared to CNY 0.0633 a year ago.
DongHua Testing Technology Co., Ltd. is principally engaged in the research, development, production and distribution of structural mechanics performance testing instrument and bundled software, as well as the provision of solutions and technical services. The Company's products mainly include static strain testing and analyzing systems and dynamic testing and analyzing systems. The Company's products are mainly used in the structural mechanics performance testing of industrial products, the optimal structure designing verification testing of industrial products, the functional security reliability performance testing of large buildings, as well as the monitoring and bug detecting of equipment, among others. On July 2, 2013, the Company announced that it has completed the acquisition of the remaining 30% stake in its Yangzhou-based 70%-owned subsidiary. After the transaction, the Company holds a 100% stake in the subsidiary.