Weihai Huadong Automation Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 03:37 am EDT
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Weihai Huadong Automation Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 34.292 million compared to CNY 25.203 million a year ago. Operating loss was CNY 11.190 million compared to CNY 17.354 million a year ago. Net loss was CNY 9.514 million compared to CNY 15.572 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.
Weihai Huadong Automation Co., Ltd is a China-based company principally engaged in the research, development, manufacture and operation of numerical controlled machine tools, ordinary machine tools and related key functional components. The Companyâs main products include control gantry machine tools, floor type borer, milling machines, grinder series, turning lathe series, functional components, ordinary machine tools, castings and others. The Company also provides photovoltaic inverters. The Company distributes its products within domestic and to overseas markets.
WEIHAI HUADONG AUTOMATION CO., LTD 
