Weihai Huadong Automation Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 04:05 am EDT
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Weihai Huadong Automation Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 233.38 million compared to CNY 156.2 million a year ago. Revenue was CNY 233.38 million compared to CNY 156.2 million a year ago. Net income was CNY 9.18 million compared to net loss of CNY 74.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to diluted loss per share from continuing operations of CNY 0.24 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.