Kede Numerical Control Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 01:04 pm
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KEDE Numerical Control Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 105.093 million compared to CNY 73.790 million a year ago. Operating income was CNY 23.462 million compared to CNY 4.956 million a year ago. Net income was CNY 21.732 million compared to CNY 5.358 million a year ago. Basic earnings per share from continuing operations was CNY 0.3194 compared to CNY 0.0788 a year ago.
KEDE Numerical Control Co Ltd is a China-based company principally engaged in the research and development, production, sales and service of high-end five-axis Computer Numerical Control (CNC) machine tools and their key functional components, and high-end CNC systems. Its high-end CNC machine tools include five-axis vertical (including turning and milling), five-axis horizontal (including turning and milling), five-axis gantry, five-axis horizontal milling and turning compound four general machining centers and five-axis grinding, five-axis Two series of special-purpose machine tools for blades. Its high-end CNC systems include high-end CNC systems and servo drives. Its key functional components include motors, electric spindles, sensing systems, milling heads and turntables. The Company mainly conducts its business in the domestic market.