Estun Automation Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:14 am EDT
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Estun Automation Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 804.69 million compared to CNY 635.66 million a year ago. Revenue was CNY 804.69 million compared to CNY 635.66 million a year ago. Net income was CNY 60.07 million compared to CNY 32.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.04 a year ago.
Estun Automation Co Ltd is a China-based company mainly engaged in the research and development and manufacturing of industrial robots and intelligent manufacturing systems. The Company's business covers the entire industrial chain from automation core components and motion control systems, industrial robots, robot workstations to intelligent manufacturing systems. The Company's business is mainly divided into two core businesses. The main businesses and products of automation core components and motion control systems include complete automation solutions for metal forming machine tools, motion control systems, robot-specific controllers, robot-specific servo systems, and intelligent control unit solutions that integrate machine vision and motion control. The industrial robots and intelligent manufacturing systems include six-axis general-purpose robots, four-axis palletizing robots, SCARA robots, and industry-specific customized robots.