Hunan Yujing Machinery Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:42 pm IST
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Hunan Yujing Machinery Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 184.04 million compared to CNY 78.36 million a year ago. Revenue was CNY 184.04 million compared to CNY 78.36 million a year ago. Net income was CNY 18.36 million compared to CNY 1.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.1836 compared to CNY 0.0198 a year ago. Diluted earnings per share from continuing operations was CNY 0.1836 compared to CNY 0.0198 a year ago.
Hunan Yujing Machinery Co., Ltd. is a China-based company mainly engaged in the research, development, design, manufacture and sales of precision computer numerical control (CNC) machine tools. The Company's main products include multi-wire cutting machines and grinding and polishing machines. Its products are mainly applied in cutting, grinding, polishing, drilling and other working operations of hard and brittle materials such as glass, sapphire, silicon materials, magnetic materials and ceramic materials. The Company also provides multi-wire cutting machine technical transformation services. The Company distributes its products in domestic market and to overseas markets.