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Greenland Technologies Holding Corporation Reports First Quarter 2021 Unaudited Financial Results
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First Quarter Net Income of $2.4 million, up 644.7% year over year
EAST WINDSOR, N.J., May 12, 2021 /PRNewswire/ Greenland Technologies Holding Corporation (NASDAQ: GTEC) ( Greenland or the Company ), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial results for the quarter ended March 31, 2021.
First Quarter 2021 Financial and Operating Highlights
Total revenues were $24.6 million, an increase of 149.3% from $9.9 million in the first quarter of 2020.
Gross margin was 20.7%, an increase of 1.2 percentage points year over year.
Greenland Technologies to Report First Quarter 2021 Unaudited Financial Results on Wednesday, May 12, 2021
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EAST WINDSOR, N.J., May 7, 2021 /PRNewswire/ Greenland Technologies Holding Corporation (NASDAQ: GTEC) ( Greenland ), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it will report its first quarter 2021 unaudited financial results on Wednesday, May 12, 2021, before the U.S. market opens.
Greenland s management team will host an earnings conference call at 8:30 AM on Wednesday, May 12, 2021, U.S. Eastern Time (8:30 PM on May 12, 2021, Beijing/Hong Kong Time).
Please register in advance of the conference using the link provided below. Conference access information will be provided upon registration.
Greenland to Showcase New GEL 1800 Electric Loader at Hannover Messe 2021 Digital Expo
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EAST WINDSOR, N.J., April 13, 2021 /PRNewswire/ Greenland Technologies Holding Corporation (NASDAQ: GTEC) ( Greenland or the Company ), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced it will be showcasing its new GEL-1800 1.8 ton electric loader at the Hannover Messe 2021 Digital Expo from April 12-16, 2021. Attendees will get a first look at the GEL-1800 electric loader s sleek design and production specifications.
Raymond Wang, CEO of Greenland, commented, The response to our GEL-1800 beta announcement last month was overwhelmingly positive. The Hannover Messe 2021 Digital Expo gives us a platform to raise additional awareness and to engage in more detailed productive discussions with potential buyers.
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