Suzhou Thvow Technology. Co. ,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 06:29 am EDT
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SuZhou THVOW Technology. Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,019.021 million compared to CNY 1,011.298 million a year ago. Operating income was CNY 10.342 million compared to operating loss of CNY 231.889 million a year ago. Net income was CNY 4.821 million compared to net loss of CNY 191.681 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.22 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.