Sichuan Crun Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2023
August 30, 2023 at 04:35 am EDT
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Sichuan Crun Co., Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 767.5 million compared to CNY 699.82 million a year ago. Revenue was CNY 787.29 million compared to CNY 717.47 million a year ago.
Net loss was CNY 18.7 million compared to net income of CNY 2.61 million a year ago. Basic loss per share from continuing operations was CNY 0.0432 compared to basic earnings per share from continuing operations of CNY 0.0061 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.