Zhejiang Dayuan Pumps Industry Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 01:21 pm EDT
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Zhejiang Dayuan Pumps Industry Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 192.783 million compared to CNY 211.740 million a year ago. Operating income was CNY 31.260 million compared to CNY 30.487 million a year ago. Net income was CNY 27.094 million compared to CNY 26.775 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.16 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.
ZHEJIANG DAYUAN PUMPS INDUSTRY CO., LTD 
