Suzhou Thvow Technology. Co. ,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 05:59 am EDT
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SuZhou THVOW Technology. Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,010.182 million compared to CNY 6,755.186 million a year ago. Operating loss was CNY 771.864 million compared to operating Income of CNY 217.608 million a year ago. Net loss was CNY 609.083 million compared to net income of CNY 115.938 million a year ago. Basic loss per share from continuing operations was CNY 0.7 compared to basic earnings per share from continuing operations of CNY 0.13 a year ago. Diluted loss per share from continuing operations was CNY 0.69 compared to diluted earnings per share from continuing operations of CNY 0.14 a year ago.
SuZhou THVOW Technology. Co. ,Ltd is a China-based manufacturer of high-end equipment. The Company's main products include heat exchangers, separators, reactors, storage tanks, towers, filters and evaporators in various materials and specifications. The Company's products are used in petrochemical, coal chemical, metallurgy and electric power industries, among others. The Company is also involved in the Engineering Procurement Construction (EPC) of electric power and new energy projects, the manufacture of military and marine engineering equipment, as well as logistics and warehousing business. The Company operates its business in domestic market and overseas markets.