Tederic Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:47 pm
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Tederic Machinery Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 240.368 million compared to CNY 126.172 million a year ago. Operating income was CNY 45.020 million compared to CNY 16.331 million a year ago. Net income was CNY 39.212 million compared to CNY 13.914 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.05 a year ago.
Tederic Machinery Co., LTD is a China-based manufacturer and solution provider of plastic injection molding equipment. The Company is principally engaged in the research, development, design, production and sale of injection molding machines, as well as the provision of injection molding solutions. The Company's main products are injection molding machines. The Companyâs products are used in piping systems and accessories, auto parts, white goods and small appliances, electronic products and communications, logistics and warehousing, thin-walled packaging containers and medical and health industries. The Company distributes its products in domestic market and to overseas markets.
TEDERIC MACHINERY CO., LTD 
