Beijing Labtech Instruments Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 07:45 pm EDT
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Beijing Labtech Instruments Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 77.48 million compared to CNY 79.54 million a year ago. Revenue was CNY 77.48 million compared to CNY 79.54 million a year ago. Net income was CNY 11.92 million compared to CNY 14.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.22 a year ago.
Beijing LabTech Instruments Co Ltd is a China-based company mainly engaged in the research, development, production and sales of experimental analytical instruments. The company also provides customers with the implementation of clean and environmentally friendly laboratory solutions, including the specific implementation of various laboratory businesses such as clean chemical laboratories, laboratory ventilation and renovation projects. The Company has brands such as LabTech, CDS, and Empore. The Company's main products include fully automatic multi-functional high-throughput thermal cracking instrument, fully automatic high-throughput solid phase extraction series instrument, fully automatic nuclide separation instrument series, radioactive element enrichment series and circulating water cooler, etc. Its products are used in food testing, environmental monitoring, drug quality testing, medical diagnosis and other industries.