Qingdao Weflo Valve Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 04:07 am
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Qingdao Weflo Valve Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 180.223 million compared to CNY 151.828 million a year ago. Operating income was CNY 26.556 million compared to CNY 31.946 million a year ago. Net income was CNY 23.289 million compared to CNY 27.540 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.16 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. 
