Yuhuan Cnc Machine Tool Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 07:24 am EDT
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Yuhuan CNC Machine Tool Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 304.294 million compared to CNY 71.227 million a year ago. Operating income was CNY 47.046 million compared to CNY 2.971 million a year ago. Net income was CNY 43.345 million compared to CNY 3.956 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.03 a year ago.
Yuhuan CNC Machine Tool Co Ltd is a China-based company mainly engaged in research and development, manufacture and sales of computer numerical control (CNC) grinding equipment and intelligent equipment. The Companyâs main products include CNC grinding machines, CNC grinding and polishing machines and intelligent equipment products, such as double-end CNC grinding machines, CNC camshaft grinders, CNC valve grinders, 3D magnetic flow polishing machines, CNC double-side polishing machines, CNC one side polishing machines, industrial robots and intelligent equipment sets and others. The Companyâs products are mainly applied in consumer electronics, automotive, new material, instrumentation and other fields. The Company is also engaged in the provision of comprehensive solutions for precision grinding and intelligent manufacturing technology. The Company conduct its businesses in domestic and overseas markets.
YUHUAN CNC MACHINE TOOL CO.,LTD. 
