Moon Environment Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 11:52 am EDT
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Moon Environment Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 846.981 million compared to CNY 633.731 million a year ago. Operating income was CNY 205.402 million compared to of CNY 19.362 million a year ago. Net income was CNY 168.148 million compared to net loss of CNY 22.651 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to basic loss per share from continuing operations of CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.23 compared to diluted loss per share from continuing operations of CNY 0.03 a year ago.
Moon Environment Technology Co., Ltd., formerly YANTAI MOON CO., LTD., is a China-based company principally engaged in the provision of system solutions for the field of temperature control. The Company's main business includes the manufacturing and sales of cryogenic refrigeration equipment, central air conditioning equipment, environmental heating equipment, as well as the provision of application systems integration and engineering services. Its products and services are widely used in food cold chain, logistics, petrochemical, pharmaceutical, energy, rail transportation and other industries. The Company's products are distributed to domestic and overseas markets.