Masterwork Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 12:14 pm
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Masterwork Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 934.884 million compared to CNY 924.302 million a year ago. Operating income was CNY 67.109 million compared to CNY 86.301 million a year ago. Net income was CNY 38.193 million compared to CNY 61.314 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.14 a year ago.
Masterwork Group Co., Ltd., formerly Masterwork Machinery Co., Ltd., is principally engaged in the research, development, production and distribution of printing equipment. The Company mainly provides hot stamping machines, mainly applied in gilding, die cutting, creasing and pressing of paper packaging decoration materials, such as paper boxes and trademarks; die cutting machines, mainly applied in die cutting, creasing and cold pressing of trademarks, paper boxes and greeting cards, pasting machines, mainly used for molding processing of foods, liquor and tobacco, medicine and cosmetics, as well as inspection equipment and others. The Company distributes its products in both domestic and overseas markets.
MASTERWORK GROUP CO.,LTD. 
