Dalian Energas Gas-System Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 30, 2020 at 03:49 am EDT
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Dalian Energas Gas-System Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 307.191 million compared to CNY 147.522 million a year ago. Operating income was CNY 5.279 million compared to operating loss of CNY 46.695 million a year ago. Net income was CNY 10.029 million compared to net loss of CNY 44.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.11 a year ago.
Shuifa Energas Gas Co Ltd, formerly Dalian Energas Gas-System Co Ltd, is a China-based company engaged in the design, manufacture, sales and services of gas distribution and gas application related products. The Company principally provides the pressure regulating systems for gas distribution, and the preprocessing systems for gas power generation. Its products are divided into three categories: fuel gas distribution system; fuel gas application, including auxiliary equipment for gas turbines, pipes for gas turbines and seal pipes of steam turbines; as well as spare parts.