Beijing Labtech Instruments Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:45 pm EDT
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Beijing Labtech Instruments Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 79.544 million compared to CNY 44.784 million a year ago. Operating income was CNY 17.803 million compared to CNY 1.812 million a year ago. Net income was CNY 14.534 million compared to net loss of CNY 319,629.05 a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Beijing LabTech Instruments Co Ltd is a China-based company mainly engaged in the research, development, production and sales of experimental analytical instruments. The company also provides customers with the implementation of clean and environmentally friendly laboratory solutions, including the specific implementation of various laboratory businesses such as clean chemical laboratories, laboratory ventilation and renovation projects. The Company has brands such as LabTech, CDS, and Empore. The Company's main products include fully automatic multi-functional high-throughput thermal cracking instrument, fully automatic high-throughput solid phase extraction series instrument, fully automatic nuclide separation instrument series, radioactive element enrichment series and circulating water cooler, etc. Its products are used in food testing, environmental monitoring, drug quality testing, medical diagnosis and other industries.