Guoguang Electric Co.,Ltd.Chengdu Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:38 pm
Share
Guoguang Electric Co.,Ltd.Chengdu reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 195.41 million compared to CNY 104.88 million a year ago. Revenue was CNY 195.41 million compared to CNY 104.88 million a year ago. Net income was CNY 41.63 million compared to CNY 27.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.54 compared to CNY 0.47 a year ago. Diluted earnings per share from continuing operations was CNY 0.54 compared to CNY 0.47 a year ago.
Guoguang Electric Co Ltd Chengdu is a China-based company mainly engaged in the research and development, production and sales of vacuum and microwave application products. The Company's main products include microwave devices, nuclear industry equipment and components, and other civilian products. Its products mainly include traveling wave tubes, magnetrons, gas-filled microwave switch tubes, microwave solid-state devices, nuclear industry equipment, pressure vessel vacuum measurement and control components, etc. Its products are mainly used in radar, satellite communications, electronic countermeasures, nuclear industry, new energy and other fields. The Company mainly conducts business within the domestic market.