Kuangda Technology Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:55 am
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Kuangda Technology Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 433.3 million compared to CNY 392.19 million a year ago. Revenue was CNY 433.3 million compared to CNY 392.19 million a year ago. Net income was CNY 52.24 million compared to CNY 46.74 million a year ago. Basic earnings per share from continuing operations was CNY 0.0355 compared to CNY 0.0318 a year ago. Diluted earnings per share from continuing operations was CNY 0.0355 compared to CNY 0.0318 a year ago.
Kuangda Technology Group Co., Ltd, formerly JIANGSU KUANGDA AUTOMOBILE TEXTILE GROUP CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of inner decorating materials for automobiles. The Company's products include woven fabrics, warp knitted fabrics and weft knitted fabrics, which are applied in the manufacture of automobile seats, door planks and head rests. The Company is also engaged in the investment and operation of photovoltaic power stations. The Company distributes its products within domestic market and to overseas markets.
KUANGDA TECHNOLOGY GROUP CO., LTD. 
