Jiangsu Rutong Petro-Machinery Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 15, 2021 at 08:48 am
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Jiangsu Rutong Petro-Machinery Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 126.604 million compared to CNY 130.933 million a year ago. Operating income was CNY 30.751 million compared to CNY 33.037 million a year ago. Net income was CNY 26.360 million compared to CNY 28.961 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.14 a year ago.
Jiangsu Rutong Petro-Machinery Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of petroleum drilling wellhead equipment. Its products mainly include hanging tools, fastening tools, clamping tools and other tools. Other tools include bushing series, spider series, as well as bit breaker series. The Companyâs products are mainly applied in the petroleum engineering technical service companies. The Company distributes its products within domestic market and to overseas markets, including Middle East, Africa, North America, Central and South America, as well as Russia, among others.