Yunnan Xiyi Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 04:38 am EDT
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Yunnan Xiyi Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 273.184 million compared to CNY 353.123 million a year ago. Operating loss was CNY 29.117 million compared to CNY 9.139 million a year ago. Net loss was CNY 25.854 million compared to CNY 5.705 million a year ago. Basic loss per share from continuing operations was CNY 0.081 compared to CNY 0.018 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. 
