Tjk Machinery Tianjin Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 11:17 am
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Tjk Machinery Tianjin Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 86.645 million compared to CNY 100.339 million a year ago. Operating income was CNY 18.089 million compared to CNY 19.127 million a year ago. Net income was CNY 15.748 million compared to CNY 16.767 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.24 a year ago.
Tjk Machinery Tianjin Co Ltd is a China-based company mainly engaged in the intelligent rebar processing robot equipment industry. The Company's products cover the research and development, design, production and sales of various types of intelligent CNC rebar processing robot equipment and supporting software, and provide overall solutions for intelligent CNC rebar processing robot equipment and rebar processing intelligent factories. The Company's products are mainly used in high-speed railways, highways, bridges and tunnels, subways, underground pipe galleries, sponge cities, nuclear power and hydropower, water conservancy, ports and terminals, airport construction and other large and medium-sized infrastructure construction, new urbanization construction, prefabricated buildings (including civil and engineering and others) and rebar processing and distribution centers.