Quakesafe Technologies Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 06:00 am EDT
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QuakeSafe Technologies Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 449.313 million compared to CNY 289.191 million a year ago. Operating income was CNY 166.607 million compared to CNY 79.142 million a year ago. Net income was CNY 141.275 million compared to CNY 67.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.9811 compared to CNY 0.512 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. 
