BGRIMM Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:23 am EDT
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BGRIMM Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 172.79 million compared to CNY 151.73 million a year ago. Revenue was CNY 172.79 million compared to CNY 151.73 million a year ago. Net income was CNY 25.69 million compared to CNY 13.17 million a year ago. Basic earnings per share from continuing operations was CNY 0.1478 compared to CNY 0.0853 a year ago. Diluted earnings per share from continuing operations was CNY 0.1478 compared to CNY 0.0853 a year ago.
BGRIMM Technology Co Ltd is a company engaged in the research and development (R&D), production, sales and service of mining and metallurgical equipment and magnetic materials. The mining and metallurgical equipment mainly includes flotation equipment, magnetic separation equipment, grinding equipment, mixing tank, beneficiation auxiliary equipment, automatic zinc stripping unit, metallurgical leaching tank, environmental protection equipment and others. The magnetic material products include sintered permanent magnet ferrite, bonded permanent magnet ferrite, injection molding magnet, rubber magnet, magnetic recording material, rare earth permanent magnet and other magnetic materials, permanent magnet parts and others. The Company's products are mainly sold to East and South China, Europe, the United States, Japan, Hong Kong, Taiwan and other regions.
BGRIMM TECHNOLOGY CO., LTD. 
