Masterwork Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:55 am EDT
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Masterwork Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,103.22 million compared to CNY 934.88 million a year ago. Revenue was CNY 1,103.22 million compared to CNY 934.88 million a year ago. Net income was CNY 68.87 million compared to CNY 38.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.09 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.