Guangdong Yizumi Precision Machinery Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:14 pm IST
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Guangdong Yizumi Precision Machinery Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 759.653 million compared to CNY 352.960 million a year ago. Operating income was CNY 128.874 million compared to operating loss of CNY 10.599 million a year ago. Net income was CNY 107.447 million compared to net loss of CNY 13.544 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Yizumi Holdings Co Ltd, formerly Guangdong Yizumi Precision Machinery Co Ltd, is a China-based company primarily engaged in the design, research, development, manufacture and sales of special machinery and equipment for molding use and the provision of related services. The Company's main products include injection molding machines, die-casting machines, rubber machines, high-speed packaging systems, molds and robotic automation systems, which are mainly used in household appliances, automobiles, medical devices and packaging. The Company mainly operates its businesses in the domestic and overseas markets.