Zhejiang Dayuan Pumps Industry Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 10:51 pm IST
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Zhejiang Dayuan Pumps Industry Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,134.855 million compared to CNY 1,113.597 million a year ago. Operating income was CNY 195.953 million compared to CNY 191.240 million a year ago. Net income was CNY 170.656 million compared to CNY 167.518 million a year ago. Basic earnings per share from continuing operations was CNY 1.04 compared to CNY 1.02 a year ago.
Zhejiang Dayuan Pumps Industry Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of all kinds of pumps. The Company's main products include small submersible pumps, deep well submersible pumps, onshore pumps and other agricultural pumps, as well as shielded pumps. The agricultural pumps are mainly used for agriculture and forestry irrigation and drainage, animal husbandry sewage discharge and peasant life drainage. The shielding pumps are mainly used in chemical, power, heating ventilation air conditioning (HVAC) and other industries.