Nanfang Ventilator Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 15, 2022 at 06:11 am EDT
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Nanfang Ventilator Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 65.88 million compared to CNY 144.03 million a year ago. Revenue was CNY 65.88 million compared to CNY 144.03 million a year ago. Net income was CNY 16.47 million compared to net loss of CNY 10.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to diluted loss per share from continuing operations of CNY 0.02 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.