Qingdao Weflo Valve Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 06:15 am
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Qingdao Weflo Valve Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 411.75 million compared to CNY 343.35 million a year ago. Revenue was CNY 415.16 million compared to CNY 344.59 million a year ago. Net income was CNY 60.99 million compared to CNY 57.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.34 a year ago. Diluted earnings per share from continuing operations was CNY 0.36 compared to CNY 0.34 a year ago.
QINGDAO WEFLO VALVE CO LTD is a China-based company principally engaged in the design, research and development, manufacture and sales of valve products. The Company's main products include butterfly valves, fire-fighting valves, multi-function valves, globe valves, check valves, ball valves, rubber joints, filters, exhaust valves, balancing valves and bottom valves. Its products are mainly applied in urban water supply and drainage systems, fire water supply systems, air conditioning HVAC systems, and sewage treatment systems. The Company distributes its products with domestic market and to overseas markets.
QINGDAO WEFLO VALVE CO., LTD. 
