Gl Tech Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
July 30, 2021 at 07:31 am EDT
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GL Tech Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 201.224 million compared to CNY 121.811 million a year ago. Operating income was CNY 64.910 million compared to CNY 31.405 million a year ago. Net income was CNY 58.648 million compared to CNY 31.218 million a year ago. Basic earnings per share from continuing operations was CNY 0.2352 compared to CNY 0.1252 a year ago.
GL Tech Co Ltd is a China-based company mainly engaged in safety production monitoring equipment business. The Company is mainly engaged in two businesses: safety production monitoring equipment business and emerging semiconductor packaging and testing equipment business. The safety production monitoring products include mine safety production monitoring products, power safety, energy conservation and environmental protection products and special supporting equipment. The emerging semiconductor packaging and testing equipment business is mainly engaged in research and development (R&D), production and sales of precision processing equipment for packaging and testing of microelectronic devices such as semiconductors, as well as the development and production of high-performance and high-precision air spindles.