Quakesafe Technologies Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 10, 2020 at 05:10 am EDT
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QuakeSafe Technologies Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 278.256 million compared to CNY 193.122 million a year ago. Operating income was CNY 107.715 million compared to CNY 50.082 million a year ago. Net income was CNY 92.983 million compared to CNY 43.301 million a year ago. Basic earnings per share from continuing operations was CNY 0.6457 compared to CNY 0.3437 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. 
