Fujian Snowman Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 11:49 am EDT
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Fujian Snowman Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 360.95 million compared to CNY 277.64 million a year ago. Revenue was CNY 360.95 million compared to CNY 277.64 million a year ago. Net income was CNY 2.42 million compared to net loss of CNY 28.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.0031 compared to basic loss per share from continuing operations of CNY 0.0424 a year ago. Diluted earnings per share from continuing operations was CNY 0.0031 compared to diluted loss per share from continuing operations of CNY 0.0424 a year ago.
FUJIAN SNOWMAN CO., LTD. is a China-based company principally engaged in the research and development, manufacturing and sales of refrigeration equipment. The Company's main products include ice making equipment, compressors and central air conditioning systems. Its products are mainly used in the concrete cooling, cold chain logistics, nuclear power, chemical, commercial supermarket, food processing and other fields. The Company is also engaged in central air conditioning system sales and installation business, as well as the provision of oil and gas technical services. The Company mainly operates its business in the domestic and overseas markets.