Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 02:54 pm IST
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Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 84.418 million compared to CNY 156.565 million a year ago. Operating loss was CNY 6.161 million compared to operating Income of CNY 7.333 million a year ago. Net loss was CNY 7.792 million compared to net income of CNY 7.345 million a year ago. Basic loss per share from continuing operations was CNY 0.023 compared to basic earnings per share from continuing operations of CNY 0.022 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. 
