Zhejiang Chunhui Intelligent Control Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 08, 2022 at 04:52 am EDT
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Zhejiang Chunhui Intelligent Control Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 232.71 million compared to CNY 255.61 million a year ago. Revenue was CNY 239.78 million compared to CNY 260.99 million a year ago. Net income was CNY 27.23 million compared to CNY 39.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.1336 compared to CNY 0.1947 a year ago. Diluted earnings per share from continuing operations was CNY 0.1336 compared to CNY 0.1947 a year ago.
Zhejiang Chunhui Intelligent Control Co Ltd is a China-based company mainly engaged in the research, development and manufacturing of fluid control valves and control systems. The Company's products include oil and gas control products, gas control products, heating control products, air conditioning control products and internal combustion engine accessories, such as dual-flow solenoid valves, shut-off valves, oil and gas recovery control systems, gas pressure regulators, hot water supply control valves , two-way thermal expansion valve and camshaft, etc. Its products are used in fuel dispensers, natural gas dispensers, natural gas pipeline networks, gas wall-mounted heating stoves, household air conditioners, automobile air conditioners, heat pump water heaters and diesel engines. The Company conducts its businesses within the China market and to overseas markets such as the United States, Germany and Turkey.