Yunnan Xiyi Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 03:53 am EDT
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Yunnan Xiyi Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 217.44 million compared to CNY 222.19 million a year ago. Revenue was CNY 217.44 million compared to CNY 222.19 million a year ago. Net income was CNY 0.453174 million compared to net loss of CNY 1.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.0014 compared to basic loss per share from continuing operations of CNY 0.0048 a year ago. Diluted earnings per share from continuing operations was CNY 0.0014 compared to diluted loss per share from continuing operations of CNY 0.0048 a year ago.
Jianshe Industry Group Yunnan Co Ltd, formerly Yunnan Xiyi Industry Co Ltd, is a China-based company mainly engaged in the research and development (R&D), production and sales of firearms and light weapons, auto parts and strategic emerging businesses. The firearms and light weapons mainly cover firearms and light weapons and equipment, which are fully equipped in the Army, Navy, Air Force, Rocket Force, Strategic Support Force, Public Security, Armed Police and troops stationed in Hong Kong and Macau. The auto parts mainly include steering system, transmission system, precision forging products, engine connecting rod and other products. The strategic emerging businesses mainly include civilian guns, anti-terrorism and anti-riot products, new surface coatings, metal powder injection molding, high-end titanium alloy processing and others.