Zhejiang Linuo Flow Control Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 05:32 am EDT
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Zhejiang Linuo Flow Control Technology Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 499.29 million compared to CNY 306.74 million a year ago. Revenue was CNY 499.29 million compared to CNY 306.74 million a year ago. Net income was CNY 67.9 million compared to CNY 43.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.32 a year ago. Diluted earnings per share from continuing operations was CNY 0.5 compared to CNY 0.32 a year ago.
Zhejiang Lenuo Flow Control Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of industrial control valves. The Company's products include control valves, such as regulating and switching valves, process valves and accessories. Its products are used in petroleum, petrochemical, chemical, paper, environmental protection, energy, power, mining, metallurgy, medicine, food and other industries. The Company mainly conducts its businesses within the domestic market.