Weihai Huadong Automation Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 09:41 am EDT
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Weihai Huadong Automation Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 70.857 million compared to CNY 34.292 million a year ago. Operating income was CNY 4.662 million compared to operating loss of CNY 11.190 million a year ago. Net income was CNY 4.989 million compared to net loss of CNY 9.514 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.03 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 
