Zhejiang Dayuan Pumps Industry Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 03:51 am EDT
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Zhejiang Dayuan Pumps Industry Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 291.012 million compared to CNY 192.783 million a year ago. Operating income was CNY 40.241 million compared to CNY 31.260 million a year ago. Net income was CNY 35.094 million compared to CNY 27.094 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.16 a year ago.
Zhejiang Dayuan Pumps Industry Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of all kinds of pumps. The Company's main products include small submersible pumps, deep well submersible pumps, onshore pumps and other agricultural pumps, as well as shielded pumps. The agricultural pumps are mainly used for agriculture and forestry irrigation and drainage, animal husbandry sewage discharge and peasant life drainage. The shielding pumps are mainly used in chemical, power, heating ventilation air conditioning (HVAC) and other industries.