Hunan Yujing Machinery Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 09:56 am EDT
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Hunan Yujing Machinery Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 78.364 million compared to CNY 88.231 million a year ago. Operating income was CNY 4.135 million compared to operating loss of CNY 4.337 million a year ago. Net income was CNY 1.980 million compared to net loss of CNY 3.662 million a year ago. Basic earnings per share from continuing operations was CNY 0.0198 compared to basic loss per share from continuing operations of CNY 0.0366 a year ago.
Hunan Yujing Machinery Co., Ltd. is a China-based company mainly engaged in the research, development, design, manufacture and sales of precision computer numerical control (CNC) machine tools. The Company's main products include multi-wire cutting machines and grinding and polishing machines. Its products are mainly applied in cutting, grinding, polishing, drilling and other working operations of hard and brittle materials such as glass, sapphire, silicon materials, magnetic materials and ceramic materials. The Company also provides multi-wire cutting machine technical transformation services. The Company distributes its products in domestic market and to overseas markets.
HUNAN YUJING MACHINERY CO.,LTD 
