Harbin Air Conditioning Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 08, 2021 at 07:50 am EST
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Harbin Air Conditioning Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 917.175 million compared to CNY 904.500 million a year ago. Operating income was CNY 52.427 million compared to CNY 48.499 million a year ago. Net income was CNY 50.412 million compared to CNY 50.575 million a year ago. Basic earnings per share from continuing operations was CNY 0.1315 compared to CNY 0.1319 a year ago.
Harbin Air Conditioning Co., Ltd. is a China-based company principally engaged in the development, manufacture and distribution of air coolers. The Company's major products are air coolers for petrochemical factories and air coolers for power plants. Its air coolers for petrochemical factories are applied in condensation and cooling of industry mediums in petrochemical, coal chemical, metallurgical and other industries. Its air coolers for power plants are applied in cooling of waste steam in steam turbines. In addition, the Company also engages in the design, manufacture and sales of nuclear power station air handling units and other industrial air conditioning products. The Company distributes its products within domestic market and to overseas markets.
HARBIN AIR CONDITIONING CO.,LTD. 
