Wuxi Smart Auto-Control Engineering Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 19, 2021 at 05:07 am EDT
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Wuxi Smart Auto-Control Engineering Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced basic earnings per share from continuing operations was CNY 0.068 compared to CNY 0.064 a year ago. Diluted earnings per share from continuing operations was CNY 0.068 compared to CNY 0.06 a year ago. For the half year, sales was CNY 341.193 million compared to CNY 245.581 million a year ago. Operating income was CNY 25.814 million compared to CNY 26.304 million a year ago. Net income was CNY 22.546 million compared to CNY 21.290 million a year ago.
WUXI SMART AUTO-CONTROL ENGINEERING CO LTD is a China-based company mainly engaged in the research and development, manufacture and sales of intelligent control valves and their accessories, as well as providing inspection and maintenance services. The Company's main products include P series single-seat sleeve valves, M series sleeve regulating valves, W series butterfly valves, R series ball valves, Z series material valves, F series anti-corrosion valves, Y series self-operated regulating valves, J series angle type Control valve, T series three-way regulating valve, among other. The Company's products are used in the production control process of petrochemical, metallurgy, energy, environmental protection and food industries. The Company mainly distributes its products within domestic market.