World Precision Machinery Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 231.45 million compared to CNY 284.09 million a year ago. Net loss was CNY 1.45 million compared to net income of CNY 16.09 million a year ago.
For the nine months, sales was CNY 789.1 million compared to CNY 842.69 million a year ago. Net income was CNY 33.56 million compared to CNY 33.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.08 a year ago.