Eurocrane Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 10:21 am
Share
Eurocrane (China) Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 202.632 million compared to CNY 189.959 million a year ago. Operating income was CNY 10.372 million compared to CNY 7.212 million a year ago. Net income was CNY 6.236 million compared to CNY 3.543 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago.
Eurocrane China Co Ltd is a China-based company mainly engaged in the research and development, manufacturing, sales and service of intelligent material handling solutions. The Company's main products include various types of aerial handling robots, European cranes, cable cranes, electric hoists, and full life cycle services for heavy-duty handling systems. The Company's products are used in energy equipment, rail transportation, papermaking, food processing, new energy vehicles, water conservancy and hydropower, national defense and military industry, ships, steel, environmental protection, clean energy, scientific research institutes and other sub-industries. The Company's products are sold in domestic and foreign markets.