Xi'an Shaangu Power Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 09, 2020 at 07:17 am EDT
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Xi'an Shaangu Power Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 7,303.968 million compared to CNY 5,038.835 million a year ago. Operating income was CNY 805.837 million compared to CNY 482.616 million a year ago. Net income was CNY 603.138 million compared to CNY 350.288 million a year ago. Basic earnings per share from continuing operations was CNY 0.3625 compared to CNY 0.2138 a year ago. Diluted earnings per share from continuing operations was CNY 0.3617 compared to CNY 0.2138 a year ago.
XI'AN SHAANGU POWER CO., LTD. is a China-based company principally engaged in the development, manufacture and distribution of energy conversion equipment. The Company's main products are turbine compressor sets, including axial compressors, centrifugal compressors and air separation compressors; turbine blowing machine sets, including centrifugal blowing machines and draft blowers, as well as industrial process energy recovery devices. The Company is also involved in the provision of energy transformation system services including packaged engineering, logistics and trading, automation services and others, as well as operation of energy infrastructure business. It distributes its products within domestic market and to overseas markets.
XI'AN SHAANGU POWER CO., LTD. 
