Liaoning Cheng Da Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 02:12 pm
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Liaoning Cheng Da Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,559.22 million compared to CNY 3,971.41 million a year ago. Revenue was CNY 3,559.22 million compared to CNY 3,971.41 million a year ago. Net income was CNY 276.19 million compared to CNY 534.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.1805 compared to CNY 0.3492 a year ago. Diluted earnings per share from continuing operations was CNY 0.1805 compared to CNY 0.3492 a year ago.
Liaoning Chengda Co., Ltd. is a diversified group organized around six sectors of activity:
- retail distribution of clothes;
- consumer goods trading: chemical products, oils for food, textile products, electronic products, construction materials, health products, etc.;
- detention and operating of drugstores;
- development of vaccines;
- development of energetic projects: coalmines operating, production petrol, etc.;
- financial services.
Net sales are distributed geographically as follows: China (92.1%), Asia (4.9%), Americas (2.5%), Europe (0.2%), Africa (0.2%) and Oceania (0.1%).