Cnnc Sufa Technology Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 02:36 pm
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CNNC SUFA Technology Industry Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 747.362 million compared to CNY 481.716 million a year ago. Operating income was CNY 15.119 million compared to CNY 21.924 million a year ago. Net income was CNY 18.351 million compared to CNY 23.272 million a year ago. Basic earnings per share from continuing operations was CNY 0.0478 compared to CNY 0.0607 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.