Jiangsu Donghua Testing Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 02, 2021 at 05:15 am EDT
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Jiangsu DongHua Testing Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 102.545 million compared to CNY 69.651 million a year ago. Operating income was CNY 17.138 million compared to CNY 3.899 million a year ago. Net income was CNY 15.563 million compared to CNY 3.470 million a year ago. Basic earnings per share from continuing operations was CNY 0.113 compared to CNY 0.025 a year ago.
DongHua Testing Technology Co., Ltd. is principally engaged in the research, development, production and distribution of structural mechanics performance testing instrument and bundled software, as well as the provision of solutions and technical services. The Company's products mainly include static strain testing and analyzing systems and dynamic testing and analyzing systems. The Company's products are mainly used in the structural mechanics performance testing of industrial products, the optimal structure designing verification testing of industrial products, the functional security reliability performance testing of large buildings, as well as the monitoring and bug detecting of equipment, among others. On July 2, 2013, the Company announced that it has completed the acquisition of the remaining 30% stake in its Yangzhou-based 70%-owned subsidiary. After the transaction, the Company holds a 100% stake in the subsidiary.