Zhejiang Qianjiang Motorcycle Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:35 am EDT
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Zhejiang Qianjiang Motorcycle Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 915.623 million compared to CNY 532.045 million a year ago. Operating loss was CNY 21.738 million compared to operating Income of CNY 21.460 million a year ago. Net income was CNY 58.708 million compared to CNY 15.624 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.03 a year ago.
Zhejiang Qianjiang Motorcycle Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of motorcycles and electric bicycles. The Company operates primarily through three segments. The Railway, Shipbuilding, Aerospace and Other Transportation Equipment Manufacturing segment is mainly engaged in the research and development, manufacturing and sales of motorcycles, electric bicycles and motorcycle parts. The Semiconductor Discrete Device Manufacturing segment is mainly engaged in the packaging and testing of discrete devices. The Investment Management segment is mainly engaged in investment management business. The Company mainly conducts its businesses in domestic and overseas markets.