Bichamp Cutting Technology Hunan Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 14, 2021
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Bichamp Cutting Technology Hunan Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 127.516 million compared to CNY 92.312 million a year ago. Operating income was CNY 17.631 million compared to CNY 12.236 million a year ago. Net income was CNY 13.073 million compared to CNY 10.300 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago.
Bichamp Cutting Technology Hunan Co Ltd is a China-based company primarily engaged in the production and sales of power supply products. The Company operates primarily through two segments. The Sawing segment is mainly engaged in the research, development, manufacturing and sales of sawing materials, sawing products, sawing processes and sawing equipment. The Power Supply segment is mainly engaged in the production and sales of consumer electronic power supplies, new energy smart photovoltaic/energy storage power supplies, data center power supplies and site energy power supplies. The Company's products are mainly used in aerospace, rail transit, automobile manufacturing, large-scale forging, engineering machinery, wind power, nuclear power, steel metallurgy, mold processing, consumer electronics and new energy fields. The Company mainly conducts its businesses in the domestic market.
BICHAMP CUTTING TECHNOLOGY (HUNAN) CO., LTD. 
