Shanghai Weihong Electronic Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 28, 2021 at 06:49 am
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Shanghai Weihong Electronic Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 217.030 million compared to CNY 84.598 million a year ago. Operating income was CNY 50.370 million compared to operating loss of CNY 2.791 million a year ago. Net income was CNY 44.126 million compared to net loss of CNY 4.962 million a year ago. Basic earnings per share from continuing operations was CNY 0.4854 compared to basic loss per share from continuing operations of CNY 0.0546 a year ago.
Shanghai Weihong Electronic Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sale of industrial motion control system. The Company's motion control system include engraving and milling control system, cutting control systems and manipulator control systems, among others, which are used in engraving machine, engraving and milling machine, processing center, water jet cutting machine, laser cutting machine, plasma cutting machine, flame cutting machine, glass processing machine tool and industrial manipulator, among others.
SHANGHAI WEIHONG ELECTRONIC TECHNOLOGY CO., LTD. 
