Shandong Zhangqiu Blower Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 11:08 am EDT
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Shandong Zhangqiu Blower Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 350.858 million compared to CNY 223.798 million a year ago. Operating income was CNY 21.613 million compared to CNY 13.279 million a year ago. Net income was CNY 18.310 million compared to CNY 11.959 million a year ago. Basic earnings per share from continuing operations was CNY 0.0587 compared to CNY 0.0383 a year ago.
Shandong Zhangqiu Blower Co., LTD is a China-based company principally engaged in the research, development, design, manufacture and sale of blowers, slurry pumps, pneumatic conveying products, mining machinery and electrical start-up cabinets. The Company's main products include Roots blowers, multistage centrifugal blowers and ventilators. The Company's products are used in electric power, petroleum, chemical, fertilizer, steel, smelting, oxygen production, cement, food, textile, papermaking, dusting, aquaculture, sewage treatment, pneumatic conveying and air separation industries. The Company distributes its products in domestic market.