Guangdong Dongfang Precision Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 08:15 am EDT
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Guangdong Dongfang Precision Science & Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 636.432 million compared to CNY 618.374 million a year ago. Operating income was CNY 85.109 million compared to CNY 58.979 million a year ago. Net income was CNY 64.628 million compared to CNY 47.491 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago.
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOGY CO., LTD is a China-based company principally engaged in the manufacture and sales of automotive core parts. The Companyâs main products are power battery systems for new energy vehicles. The Company is also engaged in the design, development, manufacture and sales of smart corrugated packaging automation equipment, as well as the provision of related services. The Company's products also include intelligent automatic corrugated board production line equipment and intelligent automatic corrugated cardboard printing line products, such as multicolor printing slotting die cutting machines, pre-fed paper machines, waste transfer equipment, intelligent stacking equipment and sticky box equipment. The Company distributes its products in domestic market and to overseas markets.