By Victor Leung2018-09-13T15:05:00+01:00
Yingde Gases has released its interim report for the first half of 2018.
Total revenue is more than RMB 5.6bn ($831.6m), 19.5% more than the same period last year. Net profit is RMB 900m ($133.7m), 70.5% more than the same period last year.
The company also announced that the total installed capacity has reached 2,255,900 Nm3/h as of 30th June (2018) and will achieve 2,500,000 Nm3/h in 2020 when all the projects under construction are completed.
Onsite supply accounts for 77.9% of the total revenue – RMB 4.4bn ($653.4m) – and merchant sales is RMB 1.2bn ($173.8m), representing 20.5% of the total revenue, increasing by 63.7%.
Gas Sensing Solutions (GSS), a leader in CO2 sensor technology, will be exhibiting at Sensor China Expo 2018. The company will be on Booth B004 in the Overseas Pavilion from 10th - 12th September 2018 and supported by a number of its Chinese partners.
Air Products has signed cooperation and equipment supply agreements with Beijing Sinoscience Fullcryo Technology Co. (Fullcryo) to accelerate the development of hydrogen (H2) infrastructure and support China’s first, commercial-scale liquid H2-based fuelling station.
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