Longhua Technology Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 13, 2021
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Longhua Technology Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2021. For the nine months, the company announced total revenue was CNY 1,523.924 million compared to CNY 1,246.355 million a year ago. Operating income was CNY 247.416 million compared to CNY 229.357 million a year ago. Net income was CNY 202.786 million compared to CNY 173.164 million a year ago. Basic earnings per share from continuing operations was CNY 0.2218 compared to CNY 0.1894 a year ago.
Longhua Technology Group Luoyang Co Ltd, formerly Luoyang Longhua Heat Transfer & Energy Conservation Co., Ltd, is principally engaged in the research, development, design, manufacture and sale of cooling and condensing equipment, as well as water treatment systems. The Company operates through four segments. The Energy Saving Heat Exchange segment is engaged in the research, development, manufacture and sales of industrial cooling and heat exchange equipment. The Water Treatment segment is engaged in the provision of water treatment and sewage treatment services, as well as engineering contractor service. The New Materials segment is engaged in the manufacture of high purity rare metal sputtering target material including molybdenum, among others. The Other Business segment is engaged in the construction of build-transfer (BT) projects.
LONGHUA TECHNOLOGY GROUP CO.,LTD. 
