Lanzhou Greatwall Electrical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:00 am EDT
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Lanzhou GreatWall Electrical Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 423.816 million compared to CNY 393.522 million a year ago. Operating loss was CNY 7.861 million compared to operating Income of CNY 4.882 million a year ago. Net loss was CNY 5.908 million compared to net income of CNY 1.777 million a year ago. Basic loss per share from continuing operations was CNY 0.0134 compared to basic earnings per share from continuing operations of CNY 0.004 a year ago.
LANZHOU GREATWALL ELECTIRCAL CO., LTD. is a China-based company principally engaged in the research and development, manufacture and sales of electrical products. The Company's main products include high, middle and low-voltage switchgears, high, middle and low-voltage electrical components, electrical transmission automation equipment and new energy equipment. The Company also provides fruit juice concentrate devices. The Company conducts its businesses within domestic market and overseas markets.