Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 08:09 pm IST
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Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 391.269 million compared to CNY 416.629 million a year ago. Operating income was CNY 18.996 million compared to CNY 16.924 million a year ago. Net income was CNY 15.566 million compared to CNY 15.066 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.04 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. 
