Yuhuan Cnc Machine Tool Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 07:30 am EDT
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Yuhuan CNC Machine Tool Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 169.142 million compared to CNY 40.343 million a year ago. Operating income was CNY 35.255 million compared to operating loss of CNY 9.610 million a year ago. Net income was CNY 30.091 million compared to net loss of CNY 8.880 million a year ago. Basic earnings per share from continuing operations was CNY 0.2006 compared to basic loss per share from continuing operations of CNY 0.0592 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to diluted loss per share from continuing operations of CNY 0.0592 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. 
