Yan Tai Long Yuan Power Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:48 am EDT
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Yan Tai Long Yuan Power Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 58.1 million compared to CNY 45.36 million a year ago. Net loss was CNY 7.31 million compared to CNY 6.89 million a year ago. Basic loss per share from continuing operations was CNY 0.0142 compared to CNY 0.0134 a year ago. Diluted loss per share from continuing operations was CNY 0.0142 compared to CNY 0.0134 a year ago.
Yantai LongYuan Power Technology Co., Ltd. is a China-based company principally engaged in the technical research and development, equipment manufacture, installation and maintenance, consulting services for thermal power generation energy-saving environmental protection field. The Companyâs main products include plasma ignition devices, low-carbon combustion system, micro oil ignition devices, waste heat utilization products, comprehensive transformation of the boilers, coal economizers and others. Through its subsidiaries, the Company is also engaged in the manufacture and sales of power station burning equipment, control devices, power-saving and environment protection equipment.