Fujian Superpipe Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 08:38 am EDT
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Fujian Superpipe Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 252.201 million compared to CNY 346.248 million a year ago. Operating loss was CNY 4.674 million compared to operating Income of CNY 27.774 million a year ago. Net income was CNY 570,872.33 compared to CNY 18.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.0006 compared to CNY 0.018 a year ago.
Fujian Superpipe Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of drainage pipelines. The Company's main products include high density polyethylene (HDPE) winding reinforced pipes, steel framed polyethylene (PE) plastic composite pipes, continuous winding glass fiber reinforced pipes, polyester resin concrete pipes and related fittings. The Company's products are mainly used in rainwater harvesting, diversion, water supply, drainage, reclaimed water and other urban infrastructure, as well as in industrial, gas, sponge city construction and nuclear power pipeline industries. The Company distributes its products in domestic market and to overseas markets.
FUJIAN NEWCHOICE PIPE TECHNOLOGY CO., LTD. 
