Gl Tech Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 10:33 am
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GL Tech Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 45.200 million compared to CNY 45.103 million a year ago. Operating income was CNY 9.436 million compared to CNY 5.894 million a year ago. Net income was CNY 7.895 million compared to CNY 5.135 million a year ago. Basic earnings per share from continuing operations was CNY 0.0331 compared to CNY 0.0268 a year ago.
GL Tech Co Ltd is a China-based company mainly engaged in safety production monitoring equipment business. The Company is mainly engaged in two businesses: safety production monitoring equipment business and emerging semiconductor packaging and testing equipment business. The safety production monitoring products include mine safety production monitoring products, power safety, energy conservation and environmental protection products and special supporting equipment. The emerging semiconductor packaging and testing equipment business is mainly engaged in research and development (R&D), production and sales of precision processing equipment for packaging and testing of microelectronic devices such as semiconductors, as well as the development and production of high-performance and high-precision air spindles.