Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 02:17 pm IST
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Weihai Huadong Automation Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 156.203 million compared to CNY 110.904 million a year ago. Operating loss was CNY 89.602 million compared to operating Income of CNY 8.931 million a year ago. Net loss was CNY 74.193 million compared to net income of CNY 9.085 million a year ago. Basic loss per share from continuing operations was CNY 0.24 compared to basic earnings per share from continuing operations of CNY 0.03 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.
WEIHAI HUADONG AUTOMATION CO., LTD 