Sino Geophysical Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 05:43 am EDT
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Sino Geophysical Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 198.966 million compared to CNY 220.493 million a year ago. Operating income was CNY 21.809 million compared to CNY 13.360 million a year ago. Net income was CNY 15.003 million compared to CNY 4.779 million a year ago. Basic earnings per share from continuing operations was CNY 0.0469 compared to CNY 0.0149 a year ago.
Sino Geophysical Co., Ltd. is a China-based company principally engaged in the provision of integration technical services of processing and explanation of geological data for oil and gas exploration. The Company is primarily involved in geological data processing business, geological data explanation business, geological data analysis business, well position arrangement business, oil field region assessment business, drilling and completion services, as well as provision of technological services, including intelligent management of oil fields and development of software, among others. The Company operates its geological data processing explanation and research for large petroleum exploration projects located in Daqing, Shengli, Liaohe, Tarim, Dagang, among others.
SINO GEOPHYSICAL CO., LTD 
