Quakesafe Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 25, 2021 at 01:42 pm IST
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QuakeSafe Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 151.349 million compared to CNY 95.045 million a year ago. Operating income was CNY 34.498 million compared to CNY 25.960 million a year ago. Net income was CNY 29.515 million compared to CNY 22.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.205 compared to CNY 0.2786 a year ago.
QuakeSafe Technologies Co., Ltd. formerly Yunnan QuakeSafe Seismic Isolation Technologies Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of building isolation rubber bearings. The Company's main products include isolation bearings, elastic skateboard bearings, energy dampers, road bridge bearings and others. The Company also provides related technical services such as isolation consultation, isolation design, isolation rubber bearing installation guidance, replacement and maintenance. The Company's products are mainly used in schools, hospitals, commercial and residential properties, public buildings and other public housings in the field of affordable housing. The Company mainly conducts its businesses in domestic market.