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world precision machinery lt (BWPM) Snapshot

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01/13/14 - $0.41
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world precision machinery lt (BWPM) Details

World Precision Machinery Limited, an investment holding company, engages in the manufacture, supply, and distribution of stamping and complementary machines, and metal parts primarily in the People’s Republic of China. It offers bending, cutting, and computer numeric control punching machines; and conventional, high-tonnage, standard, and customized stamping machines under the World trademark. The company also exports its products to Southeast Asia, Europe, South America, and South Africa. It serves various industries, including automotive, home appliances, electronics, etc.; and the locomotive sector. 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, China. World Precision Machinery Limited is a subsidiary of World Sharehold Limited.

Founded in 2004

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world precision machinery lt (BWPM) Key Developments

World Precision Machinery Limited Reports Earnings Results for the First Quarter Ended March 31, 2014

World Precision Machinery Limited reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of RMB 234.8 million compared to RMB 209.3 million a year ago due to higher sales of high performance and high tonnage stamping machines. Net profit was RMB 28.2 million or RMB 0.07 per share compared to RMB 21.7 million or RMB 0.05 per share a year ago.

World Precision Machinery Limited to Report Q1, 2014 Results on Apr 30, 2014

World Precision Machinery Limited announced that they will report Q1, 2014 results on Apr 30, 2014

World Precision Machinery Limited, Annual General Meeting, Apr 29, 2014

World Precision Machinery Limited, Annual General Meeting, Apr 29, 2014., at 13:30 Singapore Standard Time. Location: Suntec Singapore International Convention & Exhibition Centre, Meeting Room 332, Level 3. Agenda: To receive and adopt the Directors' report and the audited financial statements of the company for the financial year ended 31 December 2013 together with the auditors' report thereon; to declare a first and final tax-exempt (one-tier) dividend of RMB 0.0625 per share for the financial year ended 31 December 2013; to re-elect Mr. Wang Weiyao, Mr. Lim Yoke Hean, and Mr. Cheng Hong as Directors retiring pursuant to Article 89 of the company's Articles of Association; to approve the payment of Directors' fees of SGD 300,000 for the year ending 31 December 2014, to be paid quarterly in arrears; to re-appoint Baker Tilly TFW LLP as the company's Auditors and to authorize the Directors to fix their remuneration; to transact any other ordinary business which may be transacted at an Annual General Meeting; and to consider share issue mandate.


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