Jiangsu Shentong Valve Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 06:00 am EDT
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Jiangsu Shentong Valve Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,136.111 million compared to CNY 1,070.897 million a year ago. Operating income was CNY 186.848 million compared to CNY 149.103 million a year ago. Net income was CNY 161.689 million compared to CNY 130.988 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.27 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.