Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 22, 2019 at 03:28 pm IST
Share
Jikai Equipment Manufacturing Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 256.679 million compared to CNY 273.127 million a year ago. Operating income was CNY 16.252 million compared to CNY 14.998 million a year ago. Net income was CNY 13.462 million compared to CNY 11.730 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.035 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. 
