Suzhou Institute of Building Science Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 04, 2020 at 08:01 am
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Suzhou Institute of Building Science Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 285.906 million compared to CNY 264.830 million a year ago. Operating income was CNY 40.038 million compared to CNY 36.076 million a year ago. Net income was CNY 31.823 million compared to CNY 27.887 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.09 a year ago.
Suzhou Institute of Building Science Group Co., Ltd. is a China-based company principally involved in the provision of engineering technology services, sales and manufacturing of new building materials. The Company operates through two main segments. The Engineering Technology Services segment is mainly engaged in engineering inspection, insulation, waterproofing, reinforcement and other engineering professional construction, engineering design, engineering supervision and other technical services. The New Building Materials segment is primarily involved in manufacturing and sales of building materials, such as waterproofing membrane, waterproof coating, concrete admixture, insulation materials and building structural plastic.