Nanning Baling Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 02:14 pm
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Nanning Baling Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 154.8 million compared to CNY 157.02 million a year ago. Revenue was CNY 154.8 million compared to CNY 157.02 million a year ago. Net income was CNY 4.25 million compared to CNY 166.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.63 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.63 a year ago.
Nanning Baling Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive thermal management system related products and body structure products. The Company's products include high and low radiators, intercoolers, oil coolers and other heat exchangers, condensers and other automotive air-conditioning series, as well as car bumpers. The Company is also engaged in cultural performance business, cell technology and health management service business, plastic and aluminum sales and real estate leasing business. The Company mainly conducts its businesses in domestic market.