Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 02:28 pm IST
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Weihai Huadong Automation Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 101.840 million compared to CNY 78.317 million a year ago. Operating loss was CNY 37.839 million compared to CNY 31.890 million a year ago. Net loss was CNY 32.951 million compared to CNY 29.629 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.1 a year ago.
Weihai Huadong Automation Co., Ltd is a China-based company principally engaged in the research, development, manufacture and operation of numerical controlled machine tools, ordinary machine tools and related key functional components. The Companyâs main products include control gantry machine tools, floor type borer, milling machines, grinder series, turning lathe series, functional components, ordinary machine tools, castings and others. The Company also provides photovoltaic inverters. The Company distributes its products within domestic and to overseas markets.