Shuifa Energas Gas Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:40 am EDT
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Shuifa Energas Gas Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 506.61 million compared to CNY 383.25 million a year ago. Revenue was CNY 506.61 million compared to CNY 383.25 million a year ago. Net income was CNY 12.92 million compared to CNY 10 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.02 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.