Tederic Machinery Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 04:33 am
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Tederic Machinery Co., LTD announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 337.329 million compared to CNY 411.149 million a year ago. Operating income was CNY 42.221 million compared to CNY 72.446 million a year ago. Net income was CNY 35.691 million compared to CNY 61.981 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.23 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.23 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 
