Hunan Yujing Machinery Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 07:32 am EDT
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Hunan Yujing Machinery Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 175.664 million compared to CNY 141.531 million a year ago. Operating loss was CNY 5.183 million compared to operating Income of CNY 25.804 million a year ago. Net loss was CNY 7.564 million compared to net income of CNY 21.630 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.22 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 
