Scimee Sci.&Tech. Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 05:42 am
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Scimee Sci.&Tech. Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 651.613 million compared to CNY 608.966 million a year ago. Operating income was CNY 71.417 million compared to CNY 103.000 million a year ago. Net income was CNY 61.605 million compared to CNY 87.068 million a year ago. Basic earnings per share from continuing operations was CNY 0.0914 compared to CNY 0.1297 a year ago. Diluted earnings per share from continuing operations was CNY 0.0909 compared to CNY 0.1297 a year ago.
Cscec Scimee Sci.&Tech. Co.,Ltd, formerly Scimee Sci.&Tech. Co., Ltd, is a China-based company that mainly provides sewage treatment products, operation services, engineering contracting services and overall solutions. The Company operates through three business segments. The Water Treatment Business segment is principally engaged in the sales of water treatment equipment and the provision of operational services. The Centrifuge Business segment is mainly engaged in the development, manufacturing and sales of centrifuges. The Municipal Sewage Business segment is mainly engaged in the investment operations of municipal sewage treatment and general contracting services for sewage treatment project. The Company's main products are super-magnetic separation water treatment sets, centrifuges and accessories. The products are applied to industrial and municipal areas such as metallurgy, coal, landscape, and river.