Nanfang Zhongjin Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 28, 2019 at 01:13 pm EDT
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Nanfang Zhongjin Environment Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 849.737 million compared to CNY 886.477 million a year ago. Operating income was CNY 105.426 million compared to CNY 148.940 million a year ago. Net income was CNY 91.069 million compared to CNY 122.158 million a year ago. Basic earnings per share from continuing operations was CNY 0.0473 compared to CNY 0.0623 a year ago. Sales was CNY 120.534 million compared to CNY 94.246 million a year ago. Operating income was CNY 14.672 million compared to CNY 11.786 million a year ago. Net income was CNY 11.986 million compared to CNY 9.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.1383 compared to CNY 0.1109 a year ago.
Nanfang Zhongjin Environment Co., Ltd., formerly Nanfang Pump Industry Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and distribution of centrifugal pumps and other water supply equipment. The Companyâs main products include CDL series centrifugal pumps, CHL series centrifugal pumps, complete sets of water supply equipment, sewage pumps, pipe pumps, axially split pumps, fire pumps, metering pumps, oil pumps and deep well pumps, among others. The Company's products are used in clean water treatment, building water supply, heat supply system, pharmaceutical and electronic cleaning industries. The Company distributes its products in domestic market and to overseas markets.
NANFANG ZHONGJIN ENVIRONMENT CO., LTD. 
