Zhejiang Zhengguang Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:30 am
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Zhejiang Zhengguang Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 129.08 million compared to CNY 110.19 million a year ago. Revenue was CNY 129.08 million compared to CNY 110.19 million a year ago. Net income was CNY 19.78 million compared to CNY 23.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago.
Zhejiang Zhengguang Industrial Co Ltd is a China-based company mainly engaged in the research and development (R&D), production and sales of ion exchange and adsorption resins. The Company's products are widely used in industrial water treatment, food and drinking water, nuclear industry, electronics, biomedicine, environmental protection, hydrometallurgy and other fields of the national economy. The Company operates the brands Zhengguang and Hydrolite. The Company's products are also sold to Germany, Switzerland, Russia, Italy, South Korea, the United States, Africa and other countries and regions.