Shandong Linuo Technical Glass Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 06:38 am EDT
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Shandong Linuo Technical Glass Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 188.55 million compared to CNY 196.53 million a year ago. Revenue was CNY 188.55 million compared to CNY 196.53 million a year ago. Net income was CNY 31.31 million compared to CNY 24.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.14 a year ago.
Shandong Linuo Technical Glass Co Ltd is a company mainly engaged in the research and development (R&D), production and sales of special glass. The Company is committed to the development and application of borosilicate glass. The Company's main products include medicinal glass, heat-resistant glass and electric light source glass. The medicinal glass products include medium borosilicate medicinal glass bottles, low borosilicate medicinal glass bottles and low borosilicate medicinal glass tubes. The heat-resistant glass products mainly include glass trays for microwave ovens, heat-resistant glassware and glass lenses. The electric light source glass series products mainly include electric light source glass shell, electric light source glass tube and others. The Company's products are exported to North America, Europe, Asia and other regions.