Shenzhen Jasic Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 07:52 am EDT
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Shenzhen Jasic Technology Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 987.52 million compared to CNY 727.55 million a year ago. Revenue was CNY 987.52 million compared to CNY 727.55 million a year ago. Net income was CNY 184.5 million compared to CNY 139.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.38 compared to CNY 0.29 a year ago.
SHENZHEN JASIC TECHNOLOGY CO.,LTD. is a China-based company principally engaged in the research, development, manufacture and sales of welding and cutting equipment. The Company's main products are mainly inverter welding machines and welding accessories, including direct current (DC) manual arc welding machines, DC tungsten arc welding machines, alternating current (AC) and DC square wave tungsten arc welding machines, carbon dioxide (CO2) gas shielded welding machines, pulse metal inert gas (MIG) welding machines, double pulse MIG welding machines, DC submerged arc welding machines, double wire AC/DC submerged arc welding machines, air plasma cutter and multi-function welding machines. The Company distributes its products in domestic market and to overseas markets.
SHENZHEN JASIC TECHNOLOGY CO.,LTD. 
