Guangdong Jinming Machinery Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:28 pm IST
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Guangdong Jinming Machinery Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 296.377 million compared to CNY 223.185 million a year ago. Operating income was CNY 35.928 million compared to CNY 6.481 million a year ago. Net income was CNY 32.135 million compared to CNY 6.091 million a year ago. Basic earnings per share from continuing operations was CNY 0.0767 compared to CNY 0.0145 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.