Jiangsu Xiuqiang Glasswork Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 07:38 am EDT
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Jiangsu Xiuqiang Glasswork Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 323.933 million compared to CNY 270.894 million a year ago. Operating income was CNY 22.340 million compared to CNY 38.564 million a year ago. Net income was CNY 18.103 million compared to CNY 32.812 million a year ago. Basic earnings per share from continuing operations was CNY 0.0293 compared to CNY 0.0531 a year ago.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.
JIANGSU XIUQIANG GLASSWORK CO., LTD. 
