Shanghai GenTech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 29, 2024 at 03:07 pm
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Shanghai GenTech Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 588.73 million compared to CNY 410.81 million a year ago. Revenue was CNY 588.73 million compared to CNY 410.81 million a year ago.
Net income was CNY 24.9 million compared to CNY 11.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.04 a year ago.
Shanghai GenTech Co Ltd is a China-based company that provides comprehensive solutions for process media and process environment. Its main businesses are divided into three categories. The design, production, installation and supporting business of gas chemical supply system provide products which include special gas tanks, shunt boxes, liquid source conveying equipment, pharmaceutical liquid mixing units, etc. The main products of the production and sales of high-purity specialty gases business include arsine, phosphorane, silane and mixed gases. The design and construction of the supporting system of the clean plant business include clean room air conditioning systems, air filtration systems and interior decoration, as well as process cooling water systems, clean compressed air systems and vacuum systems. Its products are used in industries such as pan-semiconductor, optical fiber communications and pharmaceutical manufacturing.