Jiangxi Xinyu Guoke Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:31 am EDT
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Jiangxi Xinyu Guoke Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 49.846 million compared to CNY 22.926 million a year ago. Operating income was CNY 8.585 million compared to CNY 676,694.96 a year ago. Net income was CNY 7.440 million compared to CNY 67,286.81 a year ago. Basic earnings per share from continuing operations was CNY 0.0511 compared to CNY 0.0005 a year ago.
Jiangxi Xinyu Guoke Technology Co Ltd is a company engaged in research and development, production and sales of pyrotechnics and related products. The Company has two types of products which are military pyrotechnics and civilian pyrotechnics. The military pyrotechnical products include pyrotechnic components, such as detonators and booster tubes, and pyrotechnic devices, such as pushers and pin pullers. The products are used in weapons and equipment of the army, navy, air force and public security. The civil pyrotechnical products include artificial weather influencing equipment and meteorological equipment, such as artificial hail-prevention and rain-enhancing rockets, rocket launching systems, and precipitation phenomenon instruments.