Hunan Yujing Machinery Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2018
April 10, 2019 at 02:23 am IST
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Hunan Yujing Machinery Co. Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 405.134 million compared to CNY 352.845 million a year ago. Operating income was CNY 115.231 million compared to CNY 88.413 million a year ago. Net income was CNY 98.982 million compared to CNY 78.161 million a year ago. Basic earnings per share from continuing operations was CNY 1.28 compared to CNY 1.04 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.