Shanghai Weihong Electronic Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 25, 2022 at 10:32 am
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Shanghai Weihong Electronic Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 211.8 million compared to CNY 216.64 million a year ago. Revenue was CNY 212.07 million compared to CNY 217.03 million a year ago. Net income was CNY 31.58 million compared to CNY 44.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.2895 compared to CNY 0.4045 a year ago. Diluted earnings per share from continuing operations was CNY 0.2895 compared to CNY 0.4045 a year ago.
Shanghai Weihong Electronic Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sale of industrial motion control system. The Company's motion control system include engraving and milling control system, cutting control systems and manipulator control systems, among others, which are used in engraving machine, engraving and milling machine, processing center, water jet cutting machine, laser cutting machine, plasma cutting machine, flame cutting machine, glass processing machine tool and industrial manipulator, among others.
SHANGHAI WEIHONG ELECTRONIC TECHNOLOGY CO., LTD. 
