Guangdong Yizumi Precision Machinery Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:55 am EDT
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Guangdong Yizumi Precision Machinery Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,069.936 million compared to CNY 1,132.959 million a year ago. Operating income was CNY 120.348 million compared to CNY 145.086 million a year ago. Net income was CNY 101.202 million compared to CNY 127.988 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.3 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.