Eurocrane China Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 04:15 am EDT
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Eurocrane China Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 785.493 million compared to CNY 514.610 million a year ago. Operating income was CNY 98.422 million compared to CNY 56.423 million a year ago. Net income was CNY 77.524 million compared to CNY 47.529 million a year ago. Basic earnings per share from continuing operations was CNY 0.371 compared to CNY 0.2258 a year ago.
Eurocrane China Co Ltd is a China-based company mainly engaged in the research and development, manufacturing, sales and service of intelligent material handling solutions. The Company's main products include various types of aerial handling robots, European cranes, cable cranes, electric hoists, and full life cycle services for heavy-duty handling systems. The Company's products are used in energy equipment, rail transportation, papermaking, food processing, new energy vehicles, water conservancy and hydropower, national defense and military industry, ships, steel, environmental protection, clean energy, scientific research institutes and other sub-industries. The Company's products are sold in domestic and foreign markets.