Beijing Easpring Material Technology CO.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 03:49 am EDT
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Beijing Easpring Material Technology CO.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,842.28 million compared to CNY 1,263.92 million a year ago. Net income was CNY 387.01 million compared to CNY 149.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.7641 compared to CNY 0.3289 a year ago. Diluted earnings per share from continuing operations was CNY 0.7641 compared to CNY 0.3289 a year ago.
Beijing Easpring Material Technology CO LTD is a China-based company principally engaged in the research and development, manufacture and sales of lithium-ion battery materials. The Company is mainly engaged in two businesses. The lithium battery material business mainly includes the technical research, production and sales of multi-materials, cathode materials such as lithium cobalt oxide, and multi-precursor materials, which are used in the field of automotive power batteries, energy storage batteries, digital consumer electronics, power tools, two electric wheels and other small power lithium battery fields. The intelligent equipment business mainly includes the research and development and production of circular die-cutting equipment, which are used in consumer electronics, medical care, hygiene, food packaging and lithium battery materials. The Company conducts its businesses in domestic market and overseas markets.
BEIJING EASPRING MATERIAL TECHNOLOGY CO.,LTD. 
