Yuhuan Cnc Machine Tool Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 23, 2019 at 01:17 pm IST
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Yuhuan CNC Machine Tool Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 40.343 million compared to CNY 165.804 million a year ago. Operating loss was CNY 9.610 million compared to operating Income of CNY 53.189 million a year ago. Net loss was CNY 8.880 million compared to net income of CNY 42.602 million a year ago. Basic loss per share from continuing operations was CNY 0.0592 compared to basic earnings per share from continuing operations of CNY 0.284 a year ago.
Yuhuan CNC Machine Tool Co Ltd is a China-based company mainly engaged in research and development, manufacture and sales of computer numerical control (CNC) grinding equipment and intelligent equipment. The Companyâs main products include CNC grinding machines, CNC grinding and polishing machines and intelligent equipment products, such as double-end CNC grinding machines, CNC camshaft grinders, CNC valve grinders, 3D magnetic flow polishing machines, CNC double-side polishing machines, CNC one side polishing machines, industrial robots and intelligent equipment sets and others. The Companyâs products are mainly applied in consumer electronics, automotive, new material, instrumentation and other fields. The Company is also engaged in the provision of comprehensive solutions for precision grinding and intelligent manufacturing technology. The Company conduct its businesses in domestic and overseas markets.
YUHUAN CNC MACHINE TOOL CO.,LTD. 
