Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 01, 2020 at 07:37 am EDT
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Weihai Huadong Automation Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 161.378 million compared to CNY 83.084 million a year ago. Operating income was CNY 15.978 million compared to operating loss of CNY 594.986 million a year ago. Net income was CNY 26.635 million compared to net loss of CNY 574.995 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to basic loss per share from continuing operations of CNY 1.87 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 
