Xi'an Typical Industries Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 23, 2020 at 03:52 am EDT
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Xi'an Typical Industries Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 541.667 million compared to CNY 747.158 million a year ago. Operating loss was CNY 148.850 million compared to operating Income of CNY 20.002 million a year ago. Net loss was CNY 164.594 million compared to net income of CNY 28.371 million a year ago. Basic loss per share from continuing operations was CNY 0.48 compared to basic earnings per share from continuing operations of CNY 0.08 a year ago.
XI'AN TYPICAL INDUSTRIES CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of sewing equipment, precision mechanical parts and molds. The Company mainly provides industrial sewing machines and components with Standard, Weiteng and Hailing brands. The Company's products are mainly applied in apparel, automotive, furniture, machinery, machine tool and other fields. The Company distributes its products within domestic market and to overseas markets.
XI'AN TYPICAL INDUSTRIES CO.,LTD 
