Jiangsu Seagull Cooling Tower Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 01:00 pm EDT
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Jiangsu Seagull Cooling Tower Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 610.941 million compared to CNY 603.746 million a year ago. Operating income was CNY 63.282 million compared to CNY 48.704 million a year ago. Net income was CNY 48.496 million compared to CNY 33.187 million a year ago. Basic earnings per share from continuing operations was CNY 0.53 compared to CNY 0.36 a year ago.
Jiangsu Seagull Cooling Tower Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and installation of industrial cooling towers. The Company's main products include conventional cooling towers, open noise reduction towers, closed towers, open fog dispersal towers and others. The Company's products are used in petrochemical, metallurgical and power industries. The Company also provides industrial cooling towers related engineering and technical services. The Company distributes its products in the domestic market and to overseas markets