Tjk Machinery Tianjin Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:51 am EDT
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Tjk Machinery Tianjin Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 329.915 million compared to CNY 354.534 million a year ago. Operating income was CNY 77.557 million compared to CNY 80.207 million a year ago. Net income was CNY 64.329 million compared to CNY 68.582 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 0.98 a year ago.
TJK MACHINERY (TIANJIN) CO., LTD. is a China-based company mainly engaged in the research, design, production and sales of high-end computer numerical control (CNC) reinforcement steel processing machines, and provision of overall solutions for CNC reinforcement steel processing. The Company mainly produces and sells three series of products: single-piece reinforcement steel forming machinery, combined reinforcement steel forming machinery and reinforcement steel strengthening machinery, including fully automatic CNC reinforcement steel bending machine, fully automatic CNC reinforcement steel straightening and cutting machine and so on. Products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower, steel processing and distribution centers and other fields. The Company operates its businesses in the domestic market and to overseas markets.
TJK MACHINERY (TIANJIN) CO., LTD. 
