Jiangsu Yawei Machine Tool Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:01 am
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Jiangsu Yawei Machine Tool Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 394.817 million compared to CNY 274.632 million a year ago. Operating income was CNY 36.649 million compared to CNY 21.929 million a year ago. Net income was CNY 35.318 million compared to CNY 18.099 million a year ago. Basic earnings per share from continuing operations was CNY 0.0635 compared to CNY 0.0325 a year ago. Diluted earnings per share from continuing operations was CNY 0.0633 compared to CNY 0.0325 a year ago.
Jiangsu Yawei Machine Tool Co., Ltd. is a China-based company engaged in the research, development, manufacture and sale of computerized numerical control (CNC) sheet metal forming machine tools and automated production lines. The Company operates through three segments. The Metal Forming Machine segment is engaged in the research, development and manufacture of host products, including CNC turret punch, CNC shears and others, as well as automatic production lines, including sheet metal automated processing equipment and coil processing machines. The Laser Processing Equipment segment is involved in the research, development and manufacture of two-dimensional laser cutting machines, two-dimensional laser flexible cutting units, laser welding systems, automatic production lines and others. The Smart Manufacturing Solutions segment includes industrial robots, industrial management software, industrial Internet big data platforms and warehouse logistics automation systems.
JIANGSU YAWEI MACHINE TOOL CO., LTD. 
