Guangzhou Echom Sci.&Tech.Co,.Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:47 am EDT
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Guangzhou Echom Sci.&Tech.Co,.Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 837.509 million compared to CNY 642.258 million a year ago. Operating income was CNY 26.115 million compared to CNY 11.734 million a year ago. Net income was CNY 25.568 million compared to CNY 12.027 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.03 a year ago.
Guangzhou Echom Sci & Tech Co Ltd is a China-based company principally engaged in the production and sales of injection molding products, such as home appliances and automotive structural parts. The Company is principally engaged in the research and development, production and sales of products, such as automobiles, new energy, medical health, as well as home appliance parts. The Company's principal products include automotive interior and exterior parts and assemblies, new energy thermal management system functional parts and assemblies, medical health molds and consumables, as well as home appliance parts and assemblies. The Company principally conducts its businesses in the domestic market.