Yunnan Xiyi Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:11 am EDT
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Yunnan Xiyi Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 639.082 million compared to CNY 746.793 million a year ago. Operating loss was CNY 57.914 million compared to CNY 11.327 million a year ago. Net loss was CNY 58.768 million compared to net income of CNY 7.047 million a year ago. Basic loss per share from continuing operations was CNY 0.18 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Jianshe Industry Group Yunnan Co Ltd, formerly Yunnan Xiyi Industry Co Ltd, is a China-based company mainly engaged in the research and development (R&D), production and sales of firearms and light weapons, auto parts and strategic emerging businesses. The firearms and light weapons mainly cover firearms and light weapons and equipment, which are fully equipped in the Army, Navy, Air Force, Rocket Force, Strategic Support Force, Public Security, Armed Police and troops stationed in Hong Kong and Macau. The auto parts mainly include steering system, transmission system, precision forging products, engine connecting rod and other products. The strategic emerging businesses mainly include civilian guns, anti-terrorism and anti-riot products, new surface coatings, metal powder injection molding, high-end titanium alloy processing and others.
JIANSHE INDUSTRY GROUP (YUNNAN) CO., LTD. 
