Fujian Snowman Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 10:15 am
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Fujian Snowman Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 961.774 million compared to CNY 1,053.478 million a year ago. Operating loss was CNY 52.015 million compared to operating Income of CNY 66.296 million a year ago. Net loss was CNY 42.397 million compared to net income of CNY 55.906 million a year ago. Basic loss per share from continuing operations was CNY 0.0629 compared to basic earnings per share from continuing operations of CNY 0.0829 a year ago.
FUJIAN SNOWMAN CO., LTD. is a China-based company principally engaged in the research and development, manufacturing and sales of refrigeration equipment. The Company's main products include ice making equipment, compressors and central air conditioning systems. Its products are mainly used in the concrete cooling, cold chain logistics, nuclear power, chemical, commercial supermarket, food processing and other fields. The Company is also engaged in central air conditioning system sales and installation business, as well as the provision of oil and gas technical services. The Company mainly operates its business in the domestic and overseas markets.