Yongmao Holdings

Yongmao Holdings announces shutdown of China factories in Liaoning Province due to Covid-19 - THE EDGE SINGAPORE

Covid-19

Yongmao Holdings announces shutdown of China factories in Liaoning Province due to Covid-19

Depending on the length of the lockdown, the shutdown may impact the group’s performance for the 2HFY2023 ending March 31, 2023.
Yongmao posts earnings of RMB54.9 mil for FY2021 - THE EDGE SINGAPORE

Results

Yongmao posts earnings of RMB54.9 mil for FY2021

A first and final dividend of 1 cent per share was declared for the FY2021.

Results

Yongmao reports lower earnings of RMB59.7 mil despite revenue growth

The company warns that sales remain muted

Results

Yongmao Holdings swings to 4Q loss on higher expenses, lower margins

SINGAPORE (May 30): Tower crane manufacturer Yongmao Holdings posted a loss of RMB2.3 million ($0.5 million) for the quarter ended March, compared to earnings of RMB5.7 million in 4Q17, due to higher expenses and lower margins.  

Results

Yongmao's 3Q earnings fall 41.2% to RMB 0.3 mil

SINGAPORE (Feb 12): Yongmao Holdings posts a 41.2% decline in earnings to RMB 258,000 ($54,386) for the 3Q ended December, from RMB 439,000 a year ago.

Results

Yongmao 1Q earnings fall 16% to RMB 6.7 mil on lower margins

SINGAPORE (Aug 4): Tower crane manufacturer Yongmao Holdings posts a 16.3% decline in earnings to RMB 6.7 million ($1.4 million) for the 1Q ended June, from RMB 8.0 million a year ago.

Results

Yongmao full-year earnings surge seven-fold to $5.7 mil

SINGAPORE (May 29): Tower crane manufacturer Yongmao Holdings has posted a seven-fold increase in earnings to RMB 28.1 million ($5.7 million) for the full year ended March, from RMB 3.9 million a year ago.

Tat Hong subsidiary not proceeding with Taiwan listing

SINGAPORE (July 5): Yongmao Holdings says Tat Hong’s subsidiary, Tat Hong Equipment Service Co. (THES) will not proceed with the listing of its shares on the Taiwan Stock Exchange.
Yongmao Holdings

Yongmao’s FY16 earnings plunge 94% to RMB 3.9 mil

SINGAPORE (May 25): Tower crane manufacturer Yongmao Holdings’ FY16 earnings plunged 93.8% to RMB 3.91 million ($0.67 million) from RMB 62.85 million in FY15, as revenue for the financial year ended 31 March 2016 fell 41.9% to RMB 455.0 million.
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