Zhe Jiang Headman Machinery Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 25, 2021 at 05:01 am EDT
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Zhe Jiang Headman Machinery Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 113.530 million compared to CNY 46.100 million a year ago. Operating income was CNY 18.352 million compared to CNY 1.744 million a year ago. Net income was CNY 15.410 million compared to CNY 1.306 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.03 a year ago.
Zhe Jiang Headman Machinery Co Ltd is a China-based company specialized in the research and development, design, manufacture and sales of computer numerical control (CNC) machine tools. The Company's products cover three categories, including high-end CNC machine tools, automated production lines and popular CNC machine tools. Its products include gang tool type CNC machine tools, turret type CNC machine tools, parallel compound processing machines, integrated automated production lines, integrated automated production lines, HCL series, accessories and others. The Company's products are mainly applied in automotive manufacturing, engineering machinery, general equipment, military industry and other industries. The Company distributes its products within domestic and to overseas markets.