Xi'an Triangle Defense Co.,Ltd Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 06:29 am EDT
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Xi'an Triangle Defense Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 188.395 million compared to CNY 143.467 million a year ago. Operating income was CNY 85.718 million compared to CNY 43.165 million a year ago. Net income was CNY 74.631 million compared to CNY 37.418 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.08 a year ago.
XiAn Triangle Defense Co Ltd is a China-based company mainly engaged in the research, production and sales of forging products in the fields of aviation, aerospace and marine, as well as the provision of corresponding service businesses. The Company's main products include die forgings, free forgings and others. These products are mainly used in the manufacture of large aircrafts, fighter fuselages, landing gear systems, helicopters, aircraft engines and gas turbine disks. The Company mainly conducts its businesses in domestic market.