Tjk Machinery Tianjin Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 08:19 am EDT
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Tjk Machinery Tianjin Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 210.156 million compared to CNY 226.358 million a year ago. Operating income was CNY 49.698 million compared to CNY 55.337 million a year ago. Net income was CNY 40.592 million compared to CNY 47.200 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.67 a year ago.
Tjk Intelligent Equipment Manufacturing Tianjin Co Ltd, formerly Tjk Machinery Tianjin Co Ltd, is a China-based company mainly engaged in the intelligent rebar processing robot equipment industry. The Company's products cover the research and development, design, production and sales of various types of intelligent CNC rebar processing robot equipment and supporting software, and provide overall solutions for intelligent CNC rebar processing robot equipment and rebar processing intelligent factories. The Company's products are mainly used in high-speed railways, highways, bridges and tunnels, subways, underground pipe galleries, sponge cities, nuclear power and hydropower, water conservancy, ports and terminals, airport construction and other large and medium-sized infrastructure construction, new urbanization construction, prefabricated buildings (including civil and engineering and others) and rebar processing and distribution centers.