Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 10:17 am
Share
Guangzhou Guangri Stock Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,618.85 million compared to CNY 1,467.88 million a year ago. Revenue was CNY 1,618.85 million compared to CNY 1,467.88 million a year ago. Net income was CNY 1.96 million compared to CNY 30.71 million a year ago. Basic earnings per share from continuing operations was CNY 0.0023 compared to CNY 0.0357 a year ago. Diluted earnings per share from continuing operations was CNY 0.0023 compared to CNY 0.0357 a year ago.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.