Wuxi Smart Auto-Control Engineering Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021
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Wuxi Smart Auto-Control Engineering Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 534.71 million compared to CNY 396.61 million a year ago. Revenue was CNY 534.71 million compared to CNY 396.61 million a year ago. Net income was CNY 40.34 million compared to CNY 37.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.121 compared to CNY 0.108 a year ago. Diluted earnings per share from continuing operations was CNY 0.121 compared to CNY 0.1 a year ago.
WUXI SMART AUTO-CONTROL ENGINEERING CO LTD is a China-based company mainly engaged in the research and development, manufacture and sales of intelligent control valves and their accessories, as well as providing inspection and maintenance services. The Company's main products include P series single-seat sleeve valves, M series sleeve regulating valves, W series butterfly valves, R series ball valves, Z series material valves, F series anti-corrosion valves, Y series self-operated regulating valves, J series angle type Control valve, T series three-way regulating valve, among other. The Company's products are used in the production control process of petrochemical, metallurgy, energy, environmental protection and food industries. The Company mainly distributes its products within domestic market.