Weihai Huadong Automation Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:16 am EDT
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Weihai Huadong Automation Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 60.34 million compared to CNY 70.86 million a year ago. Revenue was CNY 60.34 million compared to CNY 70.86 million a year ago. Net income was CNY 4.1 million compared to CNY 4.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.013 compared to CNY 0.016 a year ago. Diluted earnings per share from continuing operations was CNY 0.013 compared to CNY 0.016 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 
