Zhejiang RIFA Precision Machinery Co., Ltd.

Shenzhen Stock Exchange 002520.SZ

Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit for the year ending December 31, 2023: USD 61.24 M

Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit is USD 61.24 M for the year ending December 31, 2023, a -25.56% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit for the year ending December 31, 2022 was USD 82.27 M, a -26.89% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit for the year ending December 31, 2021 was USD 112.52 M, a 7.04% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit for the year ending December 31, 2020 was USD 105.11 M, a -4.97% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Gross Profit for the year ending December 31, 2019 was USD 110.61 M, a 4.51% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Shenzhen Stock Exchange: 002520.SZ

Zhejiang RIFA Precision Machinery Co., Ltd.

CEO	Mr. Pengfei Ren
IPO Date	Dec. 10, 2010
Location	China
Headquarters	Nanyan Industry Zone
Employees	1,318
Sector	Industrials
Industries Machinery Mining

Description

Zhejiang RIFA Precision Machinery Co., Ltd. manufactures and sells CNC machine tools in China the United States, France, Poland, Japan, and internationally. The company offers CNC vertical and horizontal machining centers, CNC vertical and horizontal lathes, CNC gantry machining centers, floor type boring milling machines, automatic bearing systems, deep grove ball bearing grinding machines, and specialized grinding machines. It serves boiler, mining, and wind industries. The company was founded in 1998 and is based in Xinchang, China.

Key trends

Past 5 years