Quakesafe Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 07:06 am EDT
Share
QuakeSafe Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 95.045 million compared to CNY 79.388 million a year ago. Operating income was CNY 25.960 million compared to CNY 22.401 million a year ago. Net income was CNY 22.285 million compared to CNY 18.989 million a year ago. Basic earnings per share from continuing operations was CNY 0.2786 compared to CNY 0.3165 a year ago.
QuakeSafe Technologies Co., Ltd. formerly Yunnan QuakeSafe Seismic Isolation Technologies Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of building isolation rubber bearings. The Company's main products include isolation bearings, elastic skateboard bearings, energy dampers, road bridge bearings and others. The Company also provides related technical services such as isolation consultation, isolation design, isolation rubber bearing installation guidance, replacement and maintenance. The Company's products are mainly used in schools, hospitals, commercial and residential properties, public buildings and other public housings in the field of affordable housing. The Company mainly conducts its businesses in domestic market.
QUAKESAFE TECHNOLOGIES CO., LTD. 
