Shenzhen Jasic Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 28, 2020 at 05:39 am EDT
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Shenzhen Jasic Technology Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 412.032 million compared to CNY 473.492 million a year ago. Operating income was CNY 115.065 million compared to CNY 127.225 million a year ago. Net income was CNY 94.016 million compared to CNY 105.918 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.21 a year ago.
SHENZHEN JASIC TECHNOLOGY CO.,LTD. is a China-based company principally engaged in the research, development, manufacture and sales of welding and cutting equipment. The Company's main products are mainly inverter welding machines and welding accessories, including direct current (DC) manual arc welding machines, DC tungsten arc welding machines, alternating current (AC) and DC square wave tungsten arc welding machines, carbon dioxide (CO2) gas shielded welding machines, pulse metal inert gas (MIG) welding machines, double pulse MIG welding machines, DC submerged arc welding machines, double wire AC/DC submerged arc welding machines, air plasma cutter and multi-function welding machines. The Company distributes its products in domestic market and to overseas markets.
SHENZHEN JASIC TECHNOLOGY CO.,LTD. 
