Tianjin Keyvia Electric Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 08:37 am EDT
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Tianjin Keyvia Electric Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 263.474 million compared to CNY 204.981 million a year ago. Operating loss was CNY 24.944 million compared to CNY 43.831 million a year ago. Net loss was CNY 25.988 million compared to CNY 43.416 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to CNY 0.14 a year ago.
Tianjin Keyvia Electric Co.,Ltd is a China-based company principally engaged in the research, development, production and sale of the core products of traction power supply systems and station monitoring systems of rail transit, as well as the consulting, design, installation, commissioning of traction power supply systems. The Company's main products include railway power supply automation systems, railway power dispatch systems, urban rail transit automation systems and rail transit power supply testing equipment. The Company also provides related technical consulting services. The Company distributes its products in domestic market and to overseas markets.