Doright Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 12:32 pm
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Doright Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 52.34 million compared to CNY 40.44 million a year ago. Net income was CNY 5.4 million compared to CNY 8.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.036 compared to CNY 0.069 a year ago. Diluted earnings per share from continuing operations was CNY 0.036 compared to CNY 0.069 a year ago.
Doright Co Ltd is a China-based company mainly engaged in the manufacture of energy saving and environmental protection equipment. Its products include energy-saving heat exchange equipment, powder and other environmental protection equipment and special customized equipment. Its energy-saving heat exchange equipment includes air preheater, waste heat boiler and dryer. Its powder and other environmental protection equipment include wet granulator, low-nitrogen burner, etc. The Company designs and customizes a variety of large-scale and heavy-duty special equipment according to customer needs. The Company also provides equipment parts sales and equipment maintenance and transformation services. Its products and services are used in chemical, energy, metallurgy, solid waste treatment and other fields. The Company conducts its businesses within the China market and to overseas markets such as Asia, Europe, America, Oceania, and Africa.