Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 01:27 pm IST
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Weihai Huadong Automation Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 110.904 million compared to CNY 60.291 million a year ago. Operating income was CNY 8.931 million compared to operating loss of CNY 192.701 million a year ago. Net income was CNY 9.085 million compared to net loss of CNY 168.560 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.55 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 