Tibet GaoZheng Explosive Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 13, 2022 at 07:57 am EDT
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Tibet GaoZheng Explosive Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 927.44 million compared to CNY 751.39 million a year ago. Revenue was CNY 932.66 million compared to CNY 755.66 million a year ago. Net income was CNY 52.59 million compared to CNY 36.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.13 a year ago.
Tibet GaoZheng Explosive Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of civil explosive materials and industrial explosives, as well as the provision of blasting services. Its products mainly include powdery emulsion explosives, gelatinous emulsion explosives, blasting caps, as well as industrial electric detonators and industrial cables, among others. Its products are mainly applied in infrastructure construction and national defense construction such as coal, metal, non-metallic mineral resources mining, hydropower and water conservancy. The Company mainly operates its business mainly in domestic market, with Tibet Autonomous Region as its main market.
TIBET GAOZHENG EXPLOSIVE CO., LTD. 
