Nanjing Baose Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 27, 2019 at 03:44 pm EDT
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Nanjing Baose Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 404.255 million compared to CNY 242.225 million a year ago. Operating income was CNY 9.701 million compared to operating loss of CNY 400,437.91 a year ago. Net income was CNY 12.132 million compared to CNY 2.415 million a year ago. Basic earnings per share from continuing operations was CNY 0.0601 compared to CNY 0.012 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. 
