Eurocrane China Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 01:32 pm IST
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Eurocrane China Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 883.601 million compared to CNY 785.493 million a year ago. Operating income was CNY 145.677 million compared to CNY 98.422 million a year ago. Net income was CNY 117.658 million compared to CNY 77.524 million a year ago. Basic earnings per share from continuing operations was CNY 0.5608 compared to CNY 0.371 a year ago. Diluted earnings per share from continuing operations was CNY 0.5586 compared to CNY 0.371 a year ago.
Eurocrane China Co Ltd is a China-based company mainly engaged in the research and development, manufacturing, sales and service of intelligent material handling solutions. The Company's main products include various types of aerial handling robots, European cranes, cable cranes, electric hoists, and full life cycle services for heavy-duty handling systems. The Company's products are used in energy equipment, rail transportation, papermaking, food processing, new energy vehicles, water conservancy and hydropower, national defense and military industry, ships, steel, environmental protection, clean energy, scientific research institutes and other sub-industries. The Company's products are sold in domestic and foreign markets.