Jinhong Gas Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 17, 2023 at 06:41 am EDT
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Jinhong Gas Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,004.76 million compared to CNY 824.76 million a year ago. Revenue was CNY 1,133.93 million compared to CNY 930.09 million a year ago.
Net income was CNY 161.93 million compared to CNY 98.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.33 compared to CNY 0.2 a year ago.
Jinhong Gas Co Ltd, formerly Suzhou Jinhong Gas Co Ltd is a China-based company mainly engaged in the research and development, production and sales of gas. The Company provides customers with specialty gases, bulk gases and natural gas. The specialty gases include ultrapure ammonia, hydrogen, nitrous oxide, dry ice, silane, helium, gas mixtures, medical gases and fluorocarbons. The bulk gases include oxygen, nitrogen, argon, carbon dioxide and acetylene. The Company's main gas supply modes are bottled gas supply, storage tank gas supply and on-site gas production. The Company's products are mainly used in integrated circuits, liquid crystal panels, light emitting diodes (LED), optical fiber communications, photovoltaics, medical health, energy conservation and environmental protection, new materials, new energy, high-end equipment manufacturing, food, metallurgy, chemical industry, machinery manufacturing and other fields.