Cnnc Sufa Technology Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 12:40 pm
Share
CNNC SUFA Technology Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 116,685.71 compared to CNY 126,587.94 a year ago. Operating income was CNY 9,849.34 compared to CNY 12,604.64 a year ago. Net income was CNY 10,463 compared to CNY 13,575.89 a year ago. Basic earnings per share from continuing operations was CNY 0.273 compared to CNY 0.3541 a year ago.
SUFA Technology Industry Co., Ltd. CNNC is a China-based company principally engaged in the design, research, development, manufacture, sale and provision of services of industrial valves. The Companyâs main products include gate valves, stop valves, check valves, ball valves, butterfly valves, diaphragm valves and regulating valves, among others. The Company's valve products are mainly used in nuclear, petroleum, chemical engineering, metallurgy, electricity and other industries. The Company is also involved in blank manufacturing and other businesses. The Company distributes its products in domestic market and to overseas markets.
SUFA TECHNOLOGY INDUSTRY CO., LTD., CNNC 
