Leader Harmonious Drive Systems Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 07:23 am
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Leader Harmonious Drive Systems Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 216.512 million compared to CNY 185.900 million a year ago. Operating income was CNY 94.009 million compared to CNY 62.773 million a year ago. Net income was CNY 82.052 million compared to CNY 58.478 million a year ago. Basic earnings per share from continuing operations was CNY 0.8177 compared to CNY 0.6475 a year ago.
Leader Harmonious Drive Systems Co Ltd is a company engaged in research and development, production and sales of precision transmission devices. The Company's primary products are harmonic reducers, mechatronics actuators and precision parts. The harmonic reducer products are comprised of LCD series suitable for robot manufacturing, as well as LCS series, LCSG series, LHD series, LHS series and LHSG series. The mechatronics actuator products are produced by integrating servo systems, harmonic reducers and sensors, including rotary actuators and reduction modules. The precision part products include stainless steel machined parts, aluminum machined parts and copper machined parts. The Company's products are used in industrial robots, service robots, CNC machine tools, aerospace, medical equipment and other fields.