Sichuan Crun Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 04:35 am EDT
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Sichuan Crun Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 355.17 million compared to CNY 377.23 million a year ago. Revenue was CNY 355.17 million compared to CNY 377.23 million a year ago.
Net loss was CNY 7.21 million compared to net income of CNY 9.71 million a year ago. Basic loss per share from continuing operations was CNY 0.0167 compared to basic earnings per share from continuing operations of CNY 0.0226 a year ago.
Sichuan Crun Co., Ltd is a China-based company principally engaged in the research, development, production and sale of lubrication hydraulic equipment and related integrated systems, boiler components, as well as pressure vessels. The Company provides hydraulic equipment, lubricating systems, water cooling systems, hydraulic components, lubrication components, utility boilers, exhaust heat boilers, biomass boilers, blast furnace gas boilers, special boilers, utility boiler auxiliary engines and petrochemical vessels, among others, used in wind power, solar energy, building materials and cement, metallurgical mining, petrochemical engineering, engineering machinery, as well as light industry. The Company mainly operates its business in domestic markets.