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world precision machinery lt (BWPM) Snapshot

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world precision machinery lt (BWPM) Details

World Precision Machinery Limited, an investment holding company, manufactures and sells stamping machines and its related components in the People’s Republic of China. The company’s products include high performance C-frame fixed, C-frame inclined, and C-frame dual-pistons fixed stamping machines; and single point fixed bolster, C-frame fixed bolster, C-frame deep-throat fixed bolster, single point, closed type double-point, half straight-side two points, closed type single point, straight-side two point, and single action hydraulic presses, as well as computer numeric control punching machines. It also provides hydraulic swing beam shears, hydraulic gate type shearing machines, and hydraulic sheet metal press brakes. In addition, the company offers related components, including machinery parts and accessories, as well as precision components. It provides its products for various industries, such as automotive parts, home appliances, electronics, railways, airplane, hardware, machinery, etc. under the AOTU and World names. The company also exports its products to Southeast Asia, Europe, South America, and South Africa. The company was formerly known as Bright World Precision Machinery Limited and changed its name to World Precision Machinery Limited in April 2011. The company was incorporated in 2004 and is based in Danyang, the People’s Republic of China. World Precision Machinery Limited is a subsidiary of World Sharehold Limited.

2,028 Employees
Last Reported Date: 04/11/19
Founded in 2004

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world precision machinery lt
World Precision Machinery Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019

World Precision Machinery Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced revenue was RMB 239.946 million compared to RMB 195.813 million a year ago. Profit for the period was RMB 2.093 million compared to RMB 1.178 million a year ago. Earnings per ordinary share on a fully diluted basis was 0.01 cents against 0.00 cents a year ago.

World Precision Machinery Limited Approves Auditor Changes

World Precision Machinery Limited at its AGM held on 12 April 2019, approved appointment Of KPMG LLP as Auditors of the Company in place of the retiring Auditors, Baker Tilly TFW LLP.

World Precision Machinery Limited to Report Q1, 2019 Results on Apr 30, 2019

World Precision Machinery Limited announced that they will report Q1, 2019 results on Apr 30, 2019


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Price/Earnings 40.1x
Price/Sales 0.3x
Price/Book 0.3x
Price/Cash Flow 40.1x
TEV/Sales 0.2x

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