Guangdong Yizumi Precision Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 22, 2019 at 04:52 pm EDT
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Guangdong Yizumi Precision Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 2,014.969 million compared to CNY 2,008.314 million a year ago. Operating income was CNY 207.864 million compared to CNY 323.024 million a year ago. Net income was CNY 175.343 million compared to CNY 275.488 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to CNY 0.64 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.