Tanac Automation Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 23, 2021 at 05:14 pm IST
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Tanac Automation Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 176.462 million compared to CNY 171.891 million a year ago. Operating income was CNY 23.325 million compared to CNY 35.144 million a year ago. Net income was CNY 20.400 million compared to CNY 36.413 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.3 a year ago.
Tanac Automation Co., Ltd is a China-based company principally engaged in development, manufacture and sales of computer numerical control (CNC) automatic winding equipment and accessories. The Companyâs products include CNC automatic winding machines-standard, CNC automatic winding machines-non standard, CNC automatic special equipment and CNC equipment parts. CNC automatic winding machines-standard include air core coil winding machines, full-automatic winding machines and others; CNC automatic winding machines-non standard include full-automatic motor winding machines, full automatic flying winding machines and others; CNC automatic special equipment include full-automatic floating machines, assembly machines, terminal connectors and others; CNC equipment parts include tensioners, sealing-tape machines, twisters, succors sets, free location thread clamp devices. The Company distributes its products mainly within domestic market and to overseas markets.
TANAC AUTOMATION CO., LTD. 
