Nanfang Ventilator Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 08:21 am EDT
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Nanfang Ventilator Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 230.207 million compared to CNY 304.609 million a year ago. Operating loss was CNY 35.757 million compared to operating Income of CNY 26.708 million a year ago. Net income was CNY 81.526 million compared to net loss of CNY 8.716 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to basic 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.