Xi'an Typical Industries Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 11:33 am EDT
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Xi'an Typical Industries Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,255.801 million compared to CNY 541.667 million a year ago. Operating income was CNY 130.305 million compared to operating loss of CNY 148.850 million a year ago. Net income was CNY 141.409 million compared to net loss of CNY 164.594 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to basic loss per share from continuing operations of CNY 0.48 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.