Jiangsu Yabaite Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:43 am EDT
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JiangSu Yabaite Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 56.134 million compared to CNY 24.054 million a year ago. Operating loss was CNY 6.766 million compared to CNY 21.537 million a year ago. Net loss was CNY 6.913 million compared to CNY 24.332 million a year ago. Basic loss per share from continuing operations was CNY 0.0093 compared to CNY 0.0326 a year ago.
Shandong Yabo Technology Co Ltd, formerly, JiangSu Yabaite Technology Co Ltd, is a China-based company principally engaged in research, development, manufacture and distribution of dry-type transformers and mobile substations. The Company's main products are mining flame proof dry-type transformers, mining flame proof mobile substations, mining flame proof load centers, energy saving type substation transformers, roll-cored transformers, power transformers and cables, among others. The Company distributes its products principally in domestic markets, with North China as its main market.
SHANDONG YABO TECHNOLOGY CO., LTD 
