Jiangsu Yawei Machine Tool Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 05:35 am
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Jiangsu Yawei 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 1,196.780 million compared to CNY 1,128.387 million a year ago. Operating income was CNY 118.163 million compared to CNY 111.813 million a year ago. Net income was CNY 104.036 million compared to CNY 94.537 million a year ago. Basic earnings per share from continuing operations was CNY 0.1914 compared to CNY 0.1724 a year ago. Diluted earnings per share from continuing operations was CNY 0.1905 compared to CNY 0.1723 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. 
