Hubei Heyuan Gas Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 08:18 am
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Hubei Heyuan Gas Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 824.144 million compared to CNY 665.623 million a year ago. Operating income was CNY 96.408 million compared to CNY 98.878 million a year ago. Net income was CNY 87.094 million compared to CNY 84.527 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.7 a year ago.
Hubei Heyuan Gas Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of various types of gases, as well as industrial exhaust gas recovery and recycling businesses. The Company provides three types of products, including ordinary gas, specialty gas and clean energy. The Company's main gas products include medical oxygen, industrial oxygen, food nitrogen, industrial nitrogen, argon, hydrogen, helium, liquefied natural gas, carbon dioxide, acetylene, propane and various mixed gases. The Company's gas products mainly meet the gas and clean energy needs of chemical, food, energy, lighting, home appliances, steel, machinery, agriculture and other basic industries, as well as photovoltaic, communications, electronics and medical industries. The Company distributes its products within domestic market, with Hubei as its main market.