Quakesafe Technologies Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 02, 2020 at 05:58 pm IST
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QuakeSafe Technologies Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 389.193 million compared to CNY 459.337 million a year ago. Operating income was CNY 105.161 million compared to CNY 133.023 million a year ago. Net income was CNY 90.728 million compared to CNY 114.434 million a year ago. Basic earnings per share from continuing operations was CNY 1.2097 compared to CNY 1.9072 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.