Nanjing Baose Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 25, 2019 at 06:15 pm EDT
Share
Nanjing Baose Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 713.834 million compared to CNY 440.058 million a year ago. Operating income was CNY 7.640 million compared to operating loss of CNY 10.119 million a year ago. Net income was CNY 14.637 million compared to CNY 10.538 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago.
Nanjing Baose Co Ltd is a China-based company mainly engaged in the research and development, design, manufacturing, installation, service and technical consulting of non-standard pressure vessel equipment. The non-standard pressure vessel equipment includes titanium, nickel, zirconium, tantalum, copper and other non-ferrous metals and their alloys, high-grade stainless steel and metal composite materials and other special materials. The Company also engages in the fabrication and installation of non-ferrous metal welded pressure pipes and fittings. The Company's products mainly include pressure vessels such as heat exchangers, towers, reactors, and pipe fittings. The Company's products are mainly used in industries that require anti-corrosion, high pressure resistance, and high temperature resistance equipment. The Company's products are exported to markets such as the United States, Canada, Germany, Australia, Spain, Indonesia, and Chile.
NANJING BAOSE CO., LTD. 
