Zhuzhou Tianqiao Crane Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 04:28 pm IST
Share
Zhuzhou Tianqiao Crane Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 92.609 million compared to CNY 223.588 million a year ago. Operating loss was CNY 7.679 million compared to operating Income of CNY 18.292 million a year ago. Net loss was CNY 5.696 million compared to net income of CNY 16.305 million a year ago. Basic loss per share from continuing operations was CNY 0.004 compared to basic earnings per share from continuing operations of CNY 0.012 a year ago.
Zhuzhou Tianqiao Crane Co., Ltd. is principally engaged in the research, development, manufacture and distribution of crane equipment and coal dressing equipment. The Company primarily provides aluminum smelting special crane equipment, steel smelting special crane equipment, wind power equipment, accessories and others, as well as coal preparation equipment. The Company distributes its products within domestic market and to overseas markets.
ZHUZHOU TIANQIAO CRANE CO., LTD. 
