Nanjing Baose Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:29 am
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Nanjing Baose Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 892.756 million compared to CNY 589.728 million a year ago. Operating income was CNY 26.994 million compared to CNY 12.655 million a year ago. Net income was CNY 30.961 million compared to CNY 15.149 million a year ago. Basic earnings per share from continuing operations was CNY 0.1533 compared to CNY 0.075 a year ago.
Nanjing Baose Co Ltd is a China-based company mainly engaged in the research and development, design, manufacturing, installation, service and technical consulting of non-standard pressure vessel equipment. The non-standard pressure vessel equipment includes titanium, nickel, zirconium, tantalum, copper and other non-ferrous metals and their alloys, high-grade stainless steel and metal composite materials and other special materials. The Company also engages in the fabrication and installation of non-ferrous metal welded pressure pipes and fittings. The Company's products mainly include pressure vessels such as heat exchangers, towers, reactors, and pipe fittings. The Company's products are mainly used in industries that require anti-corrosion, high pressure resistance, and high temperature resistance equipment. The Company's products are exported to markets such as the United States, Canada, Germany, Australia, Spain, Indonesia, and Chile.
NANJING BAOSE CO., LTD. 
