Goody Science&Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:38 am EDT
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Goody Science&Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 240.17 million compared to CNY 283.04 million a year ago. Revenue was CNY 240.17 million compared to CNY 283.04 million a year ago. Net loss was CNY 18.11 million compared to CNY 25.29 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.
GOODY SCIENCE&TECHNOLOGY CO.,LTD is a China-based company principally engaged in the research, development, production and sale of plastic pipes. The Company's main products include polyvinyl chloride (PVC) pipes, polyethylene (PE) pipes and polypropylene (PP) pipes. The Company's products are mainly used in the areas of municipal and building drainage, agricultural (drinking water and irrigation), municipal sewage, telecommunications power jacketing, gas transmission, radiant heating and industrial fluid transport. The Company distributes its products in domestic market, with Central China as its main market.