Shenzhen JT Automation Equipment Co.,Ltd Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 05:27 am EDT
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Shenzhen JT Automation Equipment Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 214.833 million compared to CNY 192.335 million a year ago. Operating income was CNY 38.233 million compared to CNY 40.838 million a year ago. Net income was CNY 34.882 million compared to CNY 34.179 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 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.