Jiangsu Yabaite Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 15, 2021 at 03:57 am EDT
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JiangSu Yabaite Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2021. For the nine months, the company announced sales was CNY 82.087 million compared to CNY 70.011 million a year ago. Operating loss was CNY 27.486 million compared to operating Income of CNY 29.060 million a year ago. Net loss was CNY 26.576 million compared to net income of CNY 12.808 million a year ago. Basic loss per share from continuing operations was CNY 0.0356 compared to basic earnings per share from continuing operations of CNY 0.0172 a year ago.
Shandong Yabo Technology Co Ltd, formerly, JiangSu Yabaite Technology Co Ltd, is a China-based company principally engaged in research, development, manufacture and distribution of dry-type transformers and mobile substations. The Company's main products are mining flame proof dry-type transformers, mining flame proof mobile substations, mining flame proof load centers, energy saving type substation transformers, roll-cored transformers, power transformers and cables, among others. The Company distributes its products principally in domestic markets, with North China as its main market.
SHANDONG YABO TECHNOLOGY CO., LTD 
