Ningbo Xianfeng New Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:37 am
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Ningbo Xianfeng New Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 73.51 million compared to CNY 79.62 million a year ago. Revenue was CNY 73.51 million compared to CNY 79.62 million a year ago. Net loss was CNY 1.11 million compared to net income of CNY 1.32 million a year ago. Basic loss per share from continuing operations was CNY 0.0024 compared to basic earnings per share from continuing operations of CNY 0.0028 a year ago. Diluted loss per share from continuing operations was CNY 0.0024 compared to diluted earnings per share from continuing operations of CNY 0.0028 a year ago.
NINGBO XIANFENG NEW MATERIAL CO., LTD is a China-based company principally engaged in the research, development, production and sale of polymer composite sunshade materials. The Company's main products include sunshine fabrics, coated fabrics and aluminized fabrics. The Company is also involved in the manufacture and sale sunshades, such as roller blinds, vertical blinds, curtains, awnings, upholstery and related accessories. The Company distributes its products in domestic market and to overseas markets.