Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 25, 2020 at 01:37 pm IST
Share
Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 160.699 million compared to CNY 256.679 million a year ago. Operating loss was CNY 11.296 million compared to operating Income of CNY 16.252 million a year ago. Net loss was CNY 12.553 million compared to net income of CNY 13.462 million a year ago. Basic loss per share from continuing operations was CNY 0.037 compared to basic earnings per share from continuing operations of 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. 
