Zhejiang Meilun Elevator Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 05:14 am EDT
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Zhejiang Meilun Elevator Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 61.420 million compared to CNY 111.634 million a year ago. Operating loss was CNY 5.179 million compared to operating Income of CNY 5.894 million a year ago. Net loss was CNY 2.473 million compared to net income of CNY 4.332 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.
Zhejiang Meilun Elevator Co., Ltd. is a China-based company principally engaged in the research and development, design, manufacture and sales of elevators and elevator accessories. The Company's primary products include elevators, escalators, moving walkways and related ancillary products. The elevators mainly include passenger lifts, sightseeing elevators, bed elevators, cargo elevators, hydraulic elevators, car elevators, home ladders and three-dimensional garage. The Company is also involved in the provision of relevant installation, retrofit, repair and maintenance services. The Company mainly operates its business in the domestic market.
ZHEJIANG MEILUN ELEVATOR CO., LTD. 
