Wuhan Golden Laser Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 09:00 am EDT
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Wuhan Golden Laser Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 129.122 million compared to CNY 157.842 million a year ago. Operating loss was CNY 1.156 million compared to operating Income of CNY 12.192 million a year ago. Net loss was CNY 2.058 million compared to net income of CNY 8.922 million a year ago. Basic loss per share from continuing operations was CNY 0.0136 compared to basic earnings per share from continuing operations of CNY 0.059 a year ago.
Wuhan Golden Laser Co., Ltd. is a China-based company principally engaged in the provision of small and medium-power laser processing solutions. The Company's products include metal materials digital laser processing equipment, flexible non-metallic materials, digital laser processing equipment and three-dimensional digital technology commercial application solutions. The Company's products can be used in various industries, such as clothing, textiles, shoes, bags, industrial textiles, upholstery, advertising crafts, metal precision processing and many other industries. The Company distributes its products in domestic market and to overseas markets.