Cscec Scimee Sci. and Tech. Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:01 am EDT
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Cscec Scimee Sci. And Tech. Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 598.009 million compared to CNY 651.613 million a year ago. Operating income was CNY 88.423 million compared to CNY 71.417 million a year ago. Net income was CNY 80.782 million compared to CNY 61.605 million a year ago. Basic earnings per share from continuing operations was CNY 0.1195 compared to CNY 0.0914 a year ago. Diluted earnings per share from continuing operations was CNY 0.1195 compared to CNY 0.0909 a year ago.
Cscec Scimee Sci.&Tech. Co.,Ltd, formerly Scimee Sci.&Tech. Co., Ltd, is a China-based company that mainly provides sewage treatment products, operation services, engineering contracting services and overall solutions. The Company operates through three business segments. The Water Treatment Business segment is principally engaged in the sales of water treatment equipment and the provision of operational services. The Centrifuge Business segment is mainly engaged in the development, manufacturing and sales of centrifuges. The Municipal Sewage Business segment is mainly engaged in the investment operations of municipal sewage treatment and general contracting services for sewage treatment project. The Company's main products are super-magnetic separation water treatment sets, centrifuges and accessories. The products are applied to industrial and municipal areas such as metallurgy, coal, landscape, and river.
CSCEC SCIMEE SCI.&TECH. CO.,LTD 
