Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 13, 2021 at 05:48 am EDT
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Weihai Huadong Automation Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 21,001.39 compared to CNY 16,137.83 a year ago. Operating loss was CNY 10,402.4 compared to operating Income of CNY 1,597.87 a year ago. Net loss was CNY 8,446.96 compared to net income of CNY 2,663.59 a year ago. Basic loss per share from continuing operations was CNY 0.27 compared to basic earnings per share from continuing operations of CNY 0.04 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 Company's 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.