Sichuan Haite High-Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:42 am EDT
Share
Sichuan Haite High-tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 185.757 million compared to CNY 163.254 million a year ago. Operating income was CNY 1.276 million compared to operating loss of CNY 56.338 million a year ago. Net income was CNY 8.970 million compared to net loss of CNY 47.901 million a year ago. Basic earnings per share from continuing operations was CNY 0.012 compared to basic loss per share from continuing operations of CNY 0.0633 a year ago.
Sichuan Haite High-tech Co., Ltd. is a China-based company principally engaged in aviation related businesses. The Company operates through five segments. Aviation New Technology Development and Manufacture segment is engaged in the research and development of aircraft avionics, mechanical accessories, ground testing equipment and flight simulators. Microelectronics segment is engaged in the research, development and manufacture of semiconductor integrated circuit chips. Aviation Training segment is engaged in the provision of pilot training and flight attendant training and the development of flight simulators. Aviation Leasing segment is engaged in finance leasing business. Aviation Maintenance segment is engaged in the repair and maintenance of aircrafts and related components. The Company operates businesses in both domestic and overseas markets.