Zhenhai Petrochemical Engineering Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 03:51 am
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Zhenhai Petrochemical Engineering CO., LTD announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 613.181 million compared to CNY 607.511 million a year ago. Operating income was CNY 46.025 million compared to CNY 42.680 million a year ago. Net income was CNY 39.713 million compared to CNY 38.183 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.22 a year ago.
Zhenhai Petrochemical Engineering CO., LTD is a China-based company and mainly engaged in engineering general contracting business, engineering design and engineering consulting business of refinery chemical plant. Project general contracting is project survey, design, procurement, construction, commissioning and the whole process or part of stages of the contract in accordance with the contract agreement entrusted by the owner. The engineering design includes a variety of design and consulting services during the early stages of the project and the project implementation phase. The company also operates other business such as engineering supervision business, cost consulting business and anti-corrosion derusting business. The Company operates its businesses primary in domestic market.