Nanfang Ventilator Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 26, 2019 at 01:56 pm EDT
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Nanfang Ventilator Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 187.503 million compared to CNY 113.212 million a year ago. Operating income was CNY 22.754 million compared to operating loss of CNY 20.211 million a year ago. Net income was CNY 19.724 million compared to net loss of CNY 17.776 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Nanfang Ventilator Co., Ltd. is a China-based company principally engaged in the design, development, manufacture and distribution of heating, ventilation and air conditioning (HVAC) systems and products. The Companyâs main products include HVAC system equipment, special materials and energy engineering fittings. The Company's products are mainly used in nuclear power, coal chemical industry, emerging chemical industry, industrial and civilian construction, subway and tunnels, among others. The Company distributes its products in domestic market and to overseas market.