Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 18, 2019 at 12:34 am IST
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Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 62.500 million compared to CNY 97.727 million a year ago. Operating income was CNY 2.262 million compared to CNY 2.009 million a year ago. Net income was CNY 1.495 million compared to CNY 1.177 million a year ago. Basic earnings per share from continuing operations was CNY 0.004 compared to CNY 0.003 a year ago.
Jikai Equipment Manufacturing Co., Ltd., formerly Shijiazhuang Zhongmei Coal Mine Equipment Manufacture Co., Ltd., is principally engaged in the research, development, manufacture, distribution and services of coal mining machineries. The Company provides support and protective machine tools, including roof bolters, oil pumps and machine tool sets, as well as safety drillers, heading equipment and transportation machineries. In addition, the Company involves in the trading business through its subsidiary. The Company distributes its products within domestic market and to overseas markets.
JIKAI EQUIPMENT MANUFACTURING CO., LTD. 
