Shanghai Qingpu Fire-Fighting Equipment Co., Ltd Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2016
November 10, 2016 at 08:26 am EST
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Shanghai Qingpu fire-fighting equipment Co. Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended of September 30, 2016. For the quarter, the company reported revenue of RMB 23,852,000 compared to RMB 15,387,000 a year ago. Profit before tax was RMB 817,000 compared to RMB 205,000 a year ago. Profit attributable to owners of the company was RMB 505,000 compared to loss attributable to owners of the company of RMB 340,000 a year ago. Basic and diluted earnings per share were 0.27 cents compared to loss per share of 0.18 cents a year ago.
For the nine months, the company reported revenue of RMB 63,616,000 compared to RMB 55,332,000 a year ago. Profit before tax was RMB 202,000 compared to RMB 1,156,000 a year ago. Loss attributable to owners of the company was RMB 457,000 compared to profit attributable to owners of the company of RMB 515,000 a year ago. Basic and diluted loss per share was 0.24 cents compared to earnings per share of 0.27 cents a year ago.
Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. is principally engaged in the pressure vessels manufacturing and selling businesses. The Company operates through six business segments. The Fire-fighting Equipment segment is engaged in the manufacture and sales of pressure vessels, including fire-fighting equipment products and pressure vessels products. The Inspection services segment is engaged in the provision of fire technology inspection services. The Grooved couplings segment is engaged in the manufacture and trading of iron casted grooved couplings. The Trading segment is engaged in the trading of sanitary-ware and other products. The Aquarium Products segment is engaged in the sales of aquarium products. The Property Investment segment is engaged in the investment in office building and industrial properties.
Shanghai Qingpu Fire-Fighting Equipment Co., Ltd Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2016