Jinhua Chunguang Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:38 am
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Jinhua Chunguang Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 287.81 million compared to CNY 250.42 million a year ago. Revenue was CNY 287.81 million compared to CNY 250.42 million a year ago. Net income was CNY 14.92 million compared to CNY 32.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.24 a year ago.
Jinhua Chunguang Technology Co., Ltd is a China-based company which is mainly engaged in research and development, manufacture and sales of clean electrical hoses and fittings. The Company mainly provides hose and accessory integration solutions for cleaning appliance manufacturers. The Companyâs hose products mainly include flexible hoses, extruded hoses, blown hoses, plastic hoses and composite wound hoses. The Company's accessories mainly include water tanks, reels, floor brushes, elbows, water bags, connectors and handles. The Company's products are mainly used in cleaning appliances such as vacuum cleaners, hanging machines, dishwashers and outdoor cleaning industrial dust removal systems.