Jiangsu Shentong Valve Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 10, 2020 at 05:17 am EDT
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Jiangsu Shentong Valve Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 666.712 million compared to CNY 783.734 million a year ago. Operating income was CNY 109.909 million compared to CNY 107.969 million a year ago. Net income was CNY 94.070 million compared to CNY 91.780 million a year ago. Basic earnings per share from continuing operations was CNY 0.1937 compared to CNY 0.1889 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.