Jiangsu Shentong Valve Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 29, 2019 at 03:41 pm EDT
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Jiangsu Shentong Valve Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 414.127 million compared to CNY 247.514 million a year ago. Operating income was CNY 56.538 million compared to CNY 24.290 million a year ago. Net income was CNY 50.575 million compared to CNY 22.419 million a year ago. Basic earnings per share from continuing operations was CNY 0.1041 compared to CNY 0.0464 a year ago.
Jiangsu Shentong Valve Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of industrial valves. The Company provides BFG all dry dust removal system, Converter gas dust and recovery system, coke oven flue gas dust removal system, special valves of gas pipeline network system, which are used for metallurgy industry, coal chemical industry, ultra (ultra) supercritical thermal power industry, LNG cryogenic valves, and petroleum and petrochemical special valves.