Sichuan Crun Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 26, 2020 at 02:04 pm IST
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Sichuan Crun Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 165.373 million compared to CNY 222.220 million a year ago. Operating loss was CNY 6.294 million compared to operating Income of CNY 52.115 million a year ago. Net loss was CNY 6.246 million compared to net income of CNY 46.765 million a year ago. Basic loss per share from continuing operations was CNY 0.0147 compared to basic earnings per share from continuing operations of CNY 0.1114 a year ago. Diluted loss per share from continuing operations was CNY 0.0146 compared to diluted earnings per share from continuing operations of CNY 0.1105 a year ago.
Sichuan Crun Co., Ltd is a China-based company principally engaged in the research, development, production and sale of lubrication hydraulic equipment and related integrated systems, boiler components, as well as pressure vessels. The Company provides hydraulic equipment, lubricating systems, water cooling systems, hydraulic components, lubrication components, utility boilers, exhaust heat boilers, biomass boilers, blast furnace gas boilers, special boilers, utility boiler auxiliary engines and petrochemical vessels, among others, used in wind power, solar energy, building materials and cement, metallurgical mining, petrochemical engineering, engineering machinery, as well as light industry. The Company mainly operates its business in domestic markets.