Jikai Equipment Manufacturing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 06:21 am EDT
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Jikai Equipment Manufacturing Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 64.87 million compared to CNY 46.93 million a year ago. Revenue was CNY 64.87 million compared to CNY 46.93 million a year ago. Net income was CNY 0.893634 million compared to CNY 5.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.003 compared to CNY 0.015 a year ago. Diluted earnings per share from continuing operations was CNY 0.003 compared to CNY 0.015 a year ago.
Jikai Equipment Manufacturing Co., Ltd., formerly Shijiazhuang Zhongmei Coal Mine Equipment Manufacture Co., Ltd., is principally engaged in the research, development, manufacture, distribution and services of coal mining machineries. The Company provides support and protective machine tools, including roof bolters, oil pumps and machine tool sets, as well as safety drillers, heading equipment and transportation machineries. In addition, the Company involves in the trading business through its subsidiary. The Company distributes its products within domestic market and to overseas markets.