Zhenhai Petrochemical Engineering Co., Ltd Announces Earnings Results for the First Quarter Ended March 31, 2020
April 15, 2021 at 06:34 pm IST
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Zhenhai Petrochemical Engineering CO., LTD announced earnings results for the first quarter ended March 31, 2020. For the quarter, the company announced sales was CNY 174.979 million compared to CNY 92.055 million a year ago. Operating income was CNY 11.341 million compared to CNY 5.698 million a year ago. Net income was CNY 9.654 million compared to CNY 4.105 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.02 a year ago.
Zhenhai Petrochemical Engineering CO., LTD is a China-based company and mainly engaged in engineering general contracting business, engineering design and engineering consulting business of refinery chemical plant. Project general contracting is project survey, design, procurement, construction, commissioning and the whole process or part of stages of the contract in accordance with the contract agreement entrusted by the owner. The engineering design includes a variety of design and consulting services during the early stages of the project and the project implementation phase. The company also operates other business such as engineering supervision business, cost consulting business and anti-corrosion derusting business. The Company operates its businesses primary in domestic market.
ZHENHAI PETROCHEMICAL ENGINEERING CO., LTD 
