Jiangxi Xinyu Guoke Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 26, 2020 at 04:34 am
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Jiangxi Xinyu Guoke Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 22.926 million compared to CNY 41.490 million a year ago. Operating income was CNY 676,694.96 compared to CNY 6.945 million a year ago. Net income was CNY 67,286.81 compared to CNY 5.879 million a year ago. Basic earnings per share from continuing operations was CNY 0.0006 compared to CNY 0.0525 a year ago.
Jiangxi Xinyu Guoke Technology Co Ltd is a company engaged in research and development, production and sales of pyrotechnics and related products. The Company has two types of products which are military pyrotechnics and civilian pyrotechnics. The military pyrotechnical products include pyrotechnic components, such as detonators and booster tubes, and pyrotechnic devices, such as pushers and pin pullers. The products are used in weapons and equipment of the army, navy, air force and public security. The civil pyrotechnical products include artificial weather influencing equipment and meteorological equipment, such as artificial hail-prevention and rain-enhancing rockets, rocket launching systems, and precipitation phenomenon instruments.
JIANGXI XINYU GUOKE TECHNOLOGY CO., LTD 
