Haitian sees sales struggles in 2019

Injection molding machine maker Haitian International Holdings Ltd. reported about $1.38 billion in revenue for 2019, down 9.6 percent from 2018.

Despite trade conflicts and what the company described as the most difficult year for the global economy since the financial crisis of 2008, Haitian delivered more than 32,000 machines to customers worldwide, a 6.5 percent decrease compared to 2018. The Hong Kong company also saw record high export sales within Southeast Asia of about $486 million, an increase of 2.9 percent over 2018.