11:45 AM EST - Huaxing Machinery Corp. : reports its unaudited consolidated financial results as at and for the three and nine months ended September 30, 2014. The Company's total sales decreased from 2013 to 2014 due to decrease in sales of its traditional stone processing machines from $5,605,600 in 2013 to $3,536,628 in 2014; recorded sales of higher profit margin robotic welding system increased from $1,971,966 in 2013 to $2,129,795 in 2014. Gross profit margin decreased from 28.97% in 2013 to 27.38% in 2014 due to decreased margin in the traditional stone processing machines. Huaxing Machinery Corp.
shares V.HUA are trading unchanged at $0.17.
