Zhejiang Taifu Pump Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 24, 2022 at 03:37 am EDT
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Zhejiang Taifu Pump Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 551.86 million compared to CNY 421.33 million a year ago. Revenue was CNY 561.33 million compared to CNY 423.58 million a year ago. Net income was CNY 61.12 million compared to CNY 69.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 1.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.75 compared to CNY 1.03 a year ago.
Zhejiang Taifu Pump Co Ltd is a China-based company primarily engaged in the research, development, production and sales of civil water pumps. The Companyâs main products include onshore pumps, small submersible pumps, well submersible pumps, circulating pumps and energy-saving pumps. Its products are mainly used in agricultural irrigation, domestic water, deep well water extraction, livestock water and hot water circulation, among others. It is also engaged in the provision of accessories. The Company mainly distributes its products to overseas markets, including Asia, North America, Africa and Europe.