Nanfang Ventilator Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 08:46 am EDT
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Nanfang Ventilator Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 848.682 million compared to CNY 951.670 million a year ago. Operating income was CNY 16.270 million compared to operating loss of CNY 630.081 million a year ago. Net income was CNY 17.282 million compared to net loss of CNY 1,031.087 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 2.04 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.