Shanghai Broadband Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 07:03 am EDT
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Shanghai Broadband Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 827.779 million compared to CNY 717.121 million a year ago. Operating income was CNY 1.089 million compared to operating loss of CNY 2.128 million a year ago. Net income was CNY 1.147 million compared to net loss of CNY 1.996 million a year ago. Basic earnings per share from continuing operations was CNY 0.003 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Shanghai Broadband Technology Co., Ltd is a China based company principally engaged in the processing and sales of steel products. The Company's main products include cold drawn shaped steel tubes, cold drawn and cold-rolled seamless steel tubes, medium and low pressure and high pressure boiler tubes, copper rifled tubes for power station high pressure boilers, expansion joints of highway and bridge steel, corrugated beam guardrail, high frequency welded pipes for industrial heat exchangers tubes bundle, bellows, bellows expansion joints and metal hose. In addition, The Company is also engaged in the commodity trading of fuel oil, steel, billets and metallic materials. The Company operates its business in the domestic market and overseas markets.
SHANGHAI BROADBAND TECHNOLOGY CO.,LTD 
