Zhejiang Dayuan Pumps Industry Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:07 am EDT
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Zhejiang Dayuan Pumps Industry Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 583.056 million compared to CNY 507.599 million a year ago. Operating income was CNY 114.333 million compared to CNY 84.558 million a year ago. Net income was CNY 99.565 million compared to CNY 74.318 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 0.45 a year ago.
Zhejiang Dayuan Pumps Industry Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of all kinds of pumps. The Company's main products include small submersible pumps, deep well submersible pumps, onshore pumps and other agricultural pumps, as well as shielded pumps. The agricultural pumps are mainly used for agriculture and forestry irrigation and drainage, animal husbandry sewage discharge and peasant life drainage. The shielding pumps are mainly used in chemical, power, heating ventilation air conditioning (HVAC) and other industries.