Hangzhou Hangyang has released its 2011 annual results, demonstrating a revenue increase of almost 40%.
The annual financial report 2011 of Hangzhou Hangyang stated gross operating revenue of 4.232bn yuan, an increase of 39.99% when compared with 3.023bn yuan in 2010.
Operating profit also rose 36%.
In the equipment business the company signed a total of 62 orders for air separation plants (ASUs) in 2011, including four sets of 60,000 m3/h ASUs for China Coal Shaanxi Yulin Energy Co., Ltd.
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