Qingdao Weflo Valve Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 09:52 am
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Qingdao Weflo Valve Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 290.95 million compared to CNY 247.54 million a year ago. Revenue was CNY 290.95 million compared to CNY 247.54 million a year ago. Net income was CNY 43.26 million compared to CNY 46.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.28 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.28 a year ago.
QINGDAO WEFLO VALVE CO LTD is a China-based company principally engaged in the design, research and development, manufacture and sales of valve products. The Company's main products include butterfly valves, fire-fighting valves, multi-function valves, globe valves, check valves, ball valves, rubber joints, filters, exhaust valves, balancing valves and bottom valves. Its products are mainly applied in urban water supply and drainage systems, fire water supply systems, air conditioning HVAC systems, and sewage treatment systems. The Company distributes its products with domestic market and to overseas markets.