Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 08:15 pm IST
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Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 21.37 million compared to CNY 15.03 million a year ago. Net income was CNY 1.07 million compared to net loss of CNY 0.275 million a year ago. Basic earnings per share from continuing operations was CNY 0.0057 compared to basic loss per share from continuing operations of CNY 0.0015 a year ago. Diluted earnings per share from continuing operations was CNY 0.0057 compared to diluted loss per share from continuing operations of CNY 0.0015 a year ago.
For the six months, sales was CNY 37.05 million compared to CNY 29.82 million a year ago. Net income was CNY 1.64 million compared to CNY 0.235 million a year ago. Basic earnings per share from continuing operations was CNY 0.0087 compared to CNY 0.0013 a year ago. Diluted earnings per share from continuing operations was CNY 0.0087 compared to CNY 0.0013 a year ago.
Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. is principally engaged in the pressure vessels manufacturing and selling businesses. The Company operates through six business segments. The Fire-fighting Equipment segment is engaged in the manufacture and sales of pressure vessels, including fire-fighting equipment products and pressure vessels products. The Inspection services segment is engaged in the provision of fire technology inspection services. The Grooved couplings segment is engaged in the manufacture and trading of iron casted grooved couplings. The Trading segment is engaged in the trading of sanitary-ware and other products. The Aquarium Products segment is engaged in the sales of aquarium products. The Property Investment segment is engaged in the investment in office building and industrial properties.