Leading air separation plant manufacturer in China and emerging local industrial gas company Hangzhou Hangyang Group has reported its results for the third quarter (Q3) of 2015 and has seen profits increase almost 6%.
Operating revenue for the period was RMB 1.6bn (approx. $251.9m), a minimal increase of 1.08% over the same period last year.
Net profit attributable to shareholders of the listed company also slightly increased, by 5.98% – to RMB 38.8m ($6.07m) – over the same period last year.
However, if non-recurring profits and losses are deducted, the increase was a remarkable 23.5% to RMB 32.2m ($5m).
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