Shanghai Weihong Electronic Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 22, 2019 at 03:14 pm IST
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Shanghai Weihong Electronic Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 143.566 million compared to CNY 173.251 million a year ago. Operating income was CNY 27.378 million compared to operating loss of CNY 5.886 million a year ago. Net income was CNY 28.533 million compared to CNY 3.391 million a year ago. Basic earnings per share from continuing operations was CNY 0.3139 compared to CNY 0.0373 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. 
