Luoyang Northglass Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:09 am EDT
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Luoyang Northglass Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 289.980 million compared to CNY 151.601 million a year ago. Operating income was CNY 2.401 million compared to CNY 5.592 million a year ago. Net income was CNY 1.935 million compared to CNY 5.475 million a year ago. Basic earnings per share from continuing operations was CNY 0.0021 compared to CNY 0.0058 a year ago.
Luoyang Northglass Technology Co.,LTD is a China-based company principally engaged in the research, development of glass deep processing technology, as well as the manufacture and sale of glass products. The Company's main technical products include various types of glass deep-processing equipment and deep-processing glass products, such as glass tempering units, low emissivity (low-e) glass production lines, pretreatment equipment and automation systems, automotive glass pretreatment production lines, screen printing equipment, insulating glass, toughened glass, laminated glass, low-e glass and other composite glass products. The Company distributes its products in domestic market and to overseas markets.