Cscec Scimee Sci. and Tech. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 05:15 pm IST
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Cscec Scimee Sci. And Tech. Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 167.417 million compared to CNY 189.939 million a year ago. Operating income was CNY 22.047 million compared to CNY 24.520 million a year ago. Net income was CNY 22.929 million compared to CNY 19.824 million a year ago. Basic earnings per share from continuing operations was CNY 0.0342 compared to CNY 0.0298 a year ago. Diluted earnings per share from continuing operations was CNY 0.0339 compared to CNY 0.0292 a year ago.
Cscec Scimee Sci.&Tech. Co.,Ltd, formerly Scimee Sci.&Tech. Co., Ltd, is a China-based company that mainly provides sewage treatment products, operation services, engineering contracting services and overall solutions. The Company operates through three business segments. The Water Treatment Business segment is principally engaged in the sales of water treatment equipment and the provision of operational services. The Centrifuge Business segment is mainly engaged in the development, manufacturing and sales of centrifuges. The Municipal Sewage Business segment is mainly engaged in the investment operations of municipal sewage treatment and general contracting services for sewage treatment project. The Company's main products are super-magnetic separation water treatment sets, centrifuges and accessories. The products are applied to industrial and municipal areas such as metallurgy, coal, landscape, and river.
CSCEC SCIMEE SCI.&TECH. CO.,LTD 
