Shenzhen JT Automation Equipment Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 07:20 am EDT
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Shenzhen JT Automation Equipment Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 129.53 million compared to CNY 214.83 million a year ago. Revenue was CNY 129.53 million compared to CNY 214.83 million a year ago. Net income was CNY 6.72 million compared to CNY 34.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.14 a year ago.
SHENZHEN JT AUTOMATION EQUIPMENT CO.,LTD is a China-based company principally engaged in the research, development, production and sale of specialized equipment, as well as the provision of related services. The Company's main products include electronic equipment assembly equipment, display module production equipment, aerospace manufacturing equipment and optical flat panels, such as touch panels (TPs), liquid crystal displays (LCDs) and organic light-emitting diodes (OLEDs). Electronic equipment assembly equipment include wave soldering, reflow, automatic optical inspection (AOI), three dimension (3D) Solder Paste Inspection (SPI) systems and peripheral products. The Company's products are mainly used in consumer electronics, automotive electronics, communications electronics and aerospace electronics. The Company distributes its products mainly in domestic market.