World Precision Machinery Returns to Attributable Profit in Q1
World Precision Machinery booked an attributable profit of 949,000 yuan during the quarter ended March 31, against an attributable loss of 607,000 yuan a year earlier, according to a Tuesday filing with the Singapore Exchange. Earnings per share came in at 0.000024 yuan compared with a loss per share of 0.000016 yuan in the year-ago period. Revenue declined 0.9% year over year to 183.5 million yuan from 185.2 million yuan, as sales of conventional stamping machines decreased by 14%.
World Precision Machinery booked an attributable profit of 949,000 yuan during the quarter ended March 31, against an attributable loss of 607,000 yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.
Earnings per share came in at 0.000024 yuan compared with a loss per share of 0.000016 yuan in the year-ago period.
Revenue declined 0.9% year over year to 183.5 million yuan from 185.2 million yuan, as sales of conventional stamping machines decreased by 14%.
