Jiangsu Shentong Valve Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 07:14 am EDT
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Jiangsu Shentong Valve Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,348.220 million compared to CNY 1,087.464 million a year ago. Operating income was CNY 191.391 million compared to CNY 97.025 million a year ago. Net income was CNY 172.032 million compared to CNY 103.344 million a year ago. Basic earnings per share from continuing operations was CNY 0.3542 compared to CNY 0.2142 a year ago. Diluted earnings per share from continuing operations was CNY 0.3542 compared to CNY 0.2131 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.