Tederic Machinery Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 01:17 pm IST
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Tederic Machinery Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 608.790 million compared to CNY 572.758 million a year ago. Operating income was CNY 79.961 million compared to CNY 104.466 million a year ago. Net income was CNY 67.587 million compared to CNY 89.515 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.34 a year ago.
Tederic Machinery Co., LTD is a China-based manufacturer and solution provider of plastic injection molding equipment. The Company is principally engaged in the research, development, design, production and sale of injection molding machines, as well as the provision of injection molding solutions. The Company's main products are injection molding machines. The Companyâs products are used in piping systems and accessories, auto parts, white goods and small appliances, electronic products and communications, logistics and warehousing, thin-walled packaging containers and medical and health industries. The Company distributes its products in domestic market and to overseas markets.
TEDERIC MACHINERY CO., LTD 
