Cnnc Sufa Technology Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:05 am
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CNNC SUFA Technology Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 260.283 million compared to CNY 131.125 million a year ago. Operating loss was CNY 5.851 million compared to CNY 18.962 million a year ago. Net loss was CNY 5.117 million compared to CNY 18.162 million a year ago. Basic loss per share from continuing operations was CNY 0.0133 compared to CNY 0.0474 a year ago.
SUFA Technology Industry Co., Ltd. CNNC is a China-based company principally engaged in the design, research, development, manufacture, sale and provision of services of industrial valves. The Companyâs main products include gate valves, stop valves, check valves, ball valves, butterfly valves, diaphragm valves and regulating valves, among others. The Company's valve products are mainly used in nuclear, petroleum, chemical engineering, metallurgy, electricity and other industries. The Company is also involved in blank manufacturing and other businesses. The Company distributes its products in domestic market and to overseas markets.
SUFA TECHNOLOGY INDUSTRY CO., LTD., CNNC 
