Suzhou Thvow Technology. Co. ,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 08:09 am EDT
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SuZhou THVOW Technology. Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 7,712.473 million compared to CNY 10,779.197 million a year ago. Operating loss was CNY 1,670.409 million compared to operating Income of CNY 213.155 million a year ago. Net loss was CNY 1,159.517 million compared to net income of CNY 42.391 million a year ago. Basic loss per share from continuing operations was CNY 1.35 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 1.34 compared to diluted earnings per share from continuing operations of CNY 0.05 a year ago.
SuZhou THVOW Technology. Co. ,Ltd is a China-based manufacturer of high-end equipment. The Company's main products include heat exchangers, separators, reactors, storage tanks, towers, filters and evaporators in various materials and specifications. The Company's products are used in petrochemical, coal chemical, metallurgy and electric power industries, among others. The Company is also involved in the Engineering Procurement Construction (EPC) of electric power and new energy projects, the manufacture of military and marine engineering equipment, as well as logistics and warehousing business. The Company operates its business in domestic market and overseas markets.