Zhejiang Chunhui Intelligent Control Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
February 04, 2021 at 08:20 am EST
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Zhejiang Chunhui Intelligent Control Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was CNY 15,656.54 compared to CNY 10,942.48 a year ago. Operating income was CNY 2,531.41 compared to CNY 1,553.15 a year ago. Net income was CNY 2,273.45 compared to CNY 1,441.48 a year ago. For the nine months, sales was CNY 37,578.56 compared to CNY 35,719.45 a year ago. Operating income was CNY 6,228.65 compared to CNY 6,041.62 a year ago. Net income was CNY 5,759.74 compared to CNY 5,435.52 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.