Jiangsu Zhongli Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 03:46 pm IST
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Jiangsu Zhongli Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,241.699 million compared to CNY 1,560.315 million a year ago. Operating loss was CNY 49.130 million compared to CNY 187.629 million a year ago. Net income was CNY 39.461 million compared to net loss of CNY 179.945 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.21 a year ago.
Jiangsu Zhongli Group Co Ltd, formerly Zhongli Science And Technology Group Co.,Ltd, is a China-based company principally engaged in the manufacture and sale of cables and optical cables, as well as the development and operation of photovoltaic power stations. The Company's main products include flame retardant and fire resistant flexible cables, metal conductors, cable compounds, optical cables and other cables, marine cables, photovoltaic solar cells and modules, and optical wands and optical fibers, among others. The Company distributes its products in domestic market and to overseas markets.