Dalian Energas Gas-System Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 10:14 am
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Dalian Energas Gas-System Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 572.672 million compared to CNY 257.635 million a year ago. Operating income was CNY 8.567 million compared to operating loss of CNY 69.894 million a year ago. Net income was CNY 15.125 million compared to net loss of CNY 66.215 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.16 a year ago.
Shuifa Energas Gas Co Ltd, formerly Dalian Energas Gas-System Co Ltd, is a China-based company engaged in the design, manufacture, sales and services of gas distribution and gas application related products. The Company principally provides the pressure regulating systems for gas distribution, and the preprocessing systems for gas power generation. Its products are divided into three categories: fuel gas distribution system; fuel gas application, including auxiliary equipment for gas turbines, pipes for gas turbines and seal pipes of steam turbines; as well as spare parts.