Guangdong Jinming Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 02:13 pm
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Guangdong Jinming Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 283.473 million compared to CNY 373.449 million a year ago. Operating income was CNY 29.893 million compared to CNY 17.875 million a year ago. Net income was CNY 24.590 million compared to CNY 19.863 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.05 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.