Good Friend International Holdings Inc reported sales of its forklifts, computer numerical control (CNC) machine tools and car parking equipment jumped 90% to RMB168 million (USD25.6 million) early this year.

China Knowledge Press reported that in January, the company's sales of CNC machine tools reached RMB143 million (USD21.8 million), rising 99% year-on-year, while its car parking equipment sales totaled RMB8.05 million (USD1.23 million), 4% lower than last year.

The Hong Kong-listed company sold 264 forklifts last month, 103% higher than a year earlier.

Good Friend International, headquartered in Hangzhou, Zhejiang Province, designs and produces CNC machine tools, three-dimensional car parking garage structure and forklifts.