Guangdong Jinming Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 09:29 am
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Guangdong Jinming Machinery Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 87.386 million compared to CNY 111.832 million a year ago. Operating income was CNY 8.708 million compared to CNY 8.375 million a year ago. Net income was CNY 7.966 million compared to CNY 7.397 million a year ago. Basic earnings per share from continuing operations was CNY 0.019 compared to CNY 0.0177 a year ago.
GUANGDONG JINMING MACHINERY CO., LTD. is principally engaged in the research, development, design, manufacture and distribution of plastic machines. The Company primarily provides film blow molding equipment, including equipment for packaging films, agricultural films, geomembrane and specialty films, as well as blow molding machines. Its products are applied in the manufacture of packaging films, agricultural films, geomembrane, specialty films, beverage bottles, oil tanks and automobile tanks, among others. The Company distributes its products in domestic market and to overseas markets. The Company also engages in development of intelligent equipments through its subsidiary.