GL Tech Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:31 am
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GL Tech Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 120.08 million compared to CNY 45.2 million a year ago. Revenue was CNY 120.08 million compared to CNY 45.2 million a year ago. Net income was CNY 20.16 million compared to CNY 7.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.0576 compared to CNY 0.0255 a year ago. Diluted earnings per share from continuing operations was CNY 0.0576 compared to CNY 0.0255 a year ago.
GL Tech Co Ltd is a China-based company mainly engaged in safety production monitoring equipment business. The Company is mainly engaged in two businesses: safety production monitoring equipment business and emerging semiconductor packaging and testing equipment business. The safety production monitoring products include mine safety production monitoring products, power safety, energy conservation and environmental protection products and special supporting equipment. The emerging semiconductor packaging and testing equipment business is mainly engaged in research and development (R&D), production and sales of precision processing equipment for packaging and testing of microelectronic devices such as semiconductors, as well as the development and production of high-performance and high-precision air spindles.
GL TECH CO.,LTD 
