Shanghai Weihong Electronic Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 02:46 pm IST
Share
Shanghai Weihong Electronic Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 85.380 million compared to CNY 31.167 million a year ago. Operating income was CNY 18.403 million compared to operating loss of CNY 27.791 million a year ago. Net income was CNY 16.053 million compared to net loss of CNY 28.876 million a year ago. Basic earnings per share from continuing operations was CNY 0.1766 compared to basic loss per share from continuing operations of CNY 0.3176 a year ago.
Shanghai Weihong Electronic Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sale of industrial motion control system. The Company's motion control system include engraving and milling control system, cutting control systems and manipulator control systems, among others, which are used in engraving machine, engraving and milling machine, processing center, water jet cutting machine, laser cutting machine, plasma cutting machine, flame cutting machine, glass processing machine tool and industrial manipulator, among others.
SHANGHAI WEIHONG ELECTRONIC TECHNOLOGY CO., LTD. 
