Nanfang Ventilator Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:53 am EDT
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Nanfang Ventilator Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 401.028 million compared to CNY 527.875 million a year ago. Operating loss was CNY 24.072 million compared to operating Income of CNY 34.828 million a year ago. Net income was CNY 86.247 million compared to CNY 34.876 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.07 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.