Shanghai GenTech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 24, 2023 at 11:35 am
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Shanghai GenTech Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,344.39 million compared to CNY 942.97 million a year ago. Revenue was CNY 1,344.44 million compared to CNY 943.12 million a year ago.
Net income was CNY 149.79 million compared to CNY 52.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.5537 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.54 compared to CNY 0.21 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.