Zhejiang Golden Eagle Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 09:55 pm IST
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Zhejiang Golden Eagle Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 223.335 million compared to CNY 192.109 million a year ago. Operating income was CNY 2.782 million compared to operating loss of CNY 746,908.38 a year ago. Net income was CNY 2.511 million compared to net loss of CNY 2.629 million a year ago. Basic earnings per share from continuing operations was CNY 0.007 compared to basic loss per share from continuing operations of CNY 0.007 a year ago.
Zhejiang Golden Eagle Co Ltd is a China-based company primarily engaged in the textile business. The Company operates in six segments: Textiles, Textile Machinery and Accessories, Injection Molding Machines and Accessories, Clothing, New Energy Battery Materials and Processing and Others. The Company's main business is the research and development (R&D), manufacturing and sales of complete sets of linen, wool and silk textile machinery; linen spinning, silk spinning, weaving and garment making; R&D, manufacturing and sales of injection molding machinery series equipment; R&D, manufacturing and sales of lithium battery cathode materials.