Xinjiang Machinery Research Institute Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 28, 2023 at 06:09 am
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Xinjiang Machinery Research Institute Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 321.95 million compared to CNY 523.83 million a year ago. Revenue was CNY 336.9 million compared to CNY 557.1 million a year ago.
Net loss was CNY 86.75 million compared to CNY 70.76 million a year ago. Basic loss per share from continuing operations was CNY 0.0582 compared to CNY 0.0475 a year ago. Diluted loss per share from continuing operations was CNY 0.0582 compared to CNY 0.0475 a year ago.
XINJIANG MACHINERY RESEARCH INSTITUTE CO.,LTD is a China-based company principally engaged in the research, development, manufacture and distribution of specialty equipment. The Companyâs main products include aviation vehicle structural components, aerospace vehicle structural components, engine structural components, corn harvester, silage harvesting machines, straw feed harvesting equipment, large-scale tillage machinery, specialty agricultural product processing machinery, fruit machinery and economic crop harvesting machinery, among others. In addition, the Company is involved in the provision of machinery processing and technical support services. The Company mainly distributes its products in domestic market.