Guangdong Jinming Machinery Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 01:49 pm IST
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Guangdong Jinming Machinery Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 164.979 million compared to CNY 160.218 million a year ago. Operating income was CNY 15.855 million compared to CNY 6.127 million a year ago. Net income was CNY 14.436 million compared to CNY 5.502 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.01 a year ago.
GUANGDONG JINMING MACHINERY CO., LTD. is principally engaged in the research, development, design, manufacture and distribution of plastic machines. The Company primarily provides film blow molding equipment, including equipment for packaging films, agricultural films, geomembrane and specialty films, as well as blow molding machines. Its products are applied in the manufacture of packaging films, agricultural films, geomembrane, specialty films, beverage bottles, oil tanks and automobile tanks, among others. The Company distributes its products in domestic market and to overseas markets. The Company also engages in development of intelligent equipments through its subsidiary.