Suzhou Institute of Building Science Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 15, 2020 at 01:27 pm
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Suzhou Institute of Building Science Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 611.364 million compared to CNY 494.606 million a year ago. Operating income was CNY 95.323 million compared to CNY 77.356 million a year ago. Net income was CNY 80.803 million compared to CNY 64.595 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.37 a year ago.
Suzhou Institute of Building Science Group Co., Ltd. is a China-based company principally involved in the provision of engineering technology services, sales and manufacturing of new building materials. The Company operates through two main segments. The Engineering Technology Services segment is mainly engaged in engineering inspection, insulation, waterproofing, reinforcement and other engineering professional construction, engineering design, engineering supervision and other technical services. The New Building Materials segment is primarily involved in manufacturing and sales of building materials, such as waterproofing membrane, waterproof coating, concrete admixture, insulation materials and building structural plastic.