Daoming Optics&Chemical Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 07:40 am EDT
Share
Daoming Optics&Chemical Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 288.42 million compared to CNY 301.06 million a year ago. Revenue was CNY 288.42 million compared to CNY 301.06 million a year ago. Net income was CNY 27.42 million compared to CNY 50.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.0439 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.0439 compared to CNY 0.08 a year ago.
DAOMING OPTICS&CHEMICAL CO.,LTD a China-based company principally engaged in the research, development, design and manufacture of various kinds of functional membrane materials, such as reflective materials and reflective products. The Company's main products include reflective film and reflective cloth in various specifications and of various levels, reflective products made of reflective film and reflective cloth, flexible lithium-ion battery packaging film and other functional membrane materials. The Company's products are mainly used for road traffic safety and personal safety protection. The Company distributes its products in domestic market and to overseas markets.