Shanghai Worth Garden Products Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 16, 2020 at 07:32 am EDT
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Shanghai Worth Garden Products Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,530.646 million compared to CNY 338.622 million a year ago. Operating income was CNY 424.159 million compared to CNY 39.948 million a year ago. Net income was CNY 73.750 million compared to CNY 5.612 million a year ago. Basic earnings per share from continuing operations was CNY 0.723 compared to CNY 0.09 a year ago.
Sino Prima Gas Technology Co Ltd, formerly Shanghai Worth Garden Co Ltd, is a China-based company mainly engaged in the natural gas business and the research and development, production and sales of gardening products. The Company's natural gas business includes natural gas exploration, development, production and sales. The Companyâs gardening products market segment mainly includes hand tools, decorations, irrigation, machinery and materials gardening products, such as scissors, shovels, handsaws, rakes, lawn mowers, croppers, hedge trimmers, grass trimmers, electric chain saws and others. It also provides services such as gardening design, engineering construction and greening maintenance services. The Company conducts its businesses within the China market and overseas markets.