Jiangsu Shentong Valve Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:32 am EDT
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Jiangsu Shentong Valve Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 471.944 million compared to CNY 317.327 million a year ago. Operating income was CNY 80.095 million compared to CNY 48.110 million a year ago. Net income was CNY 66.094 million compared to CNY 41.105 million a year ago. Basic earnings per share from continuing operations was CNY 0.1361 compared to CNY 0.0846 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.