Guangdong Chaohua Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:56 am EDT
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Guangdong Chaohua Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 563.06 million compared to CNY 538.97 million a year ago. Revenue was CNY 563.06 million compared to CNY 538.97 million a year ago. Net income was CNY 28.01 million compared to CNY 33.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.0301 compared to CNY 0.0359 a year ago. Diluted earnings per share from continuing operations was CNY 0.0301 compared to CNY 0.0359 a year ago.
Guangdong Chaohua Technology Co., Ltd. is a China-based company, principally engaged in the manufacture and distribution of electronic components. The Company's main products are printed circuit boards (PCBs), including double-sided boards, multi-layer boards, aluminum-based boards and ceramic-based boards, and copper-clad laminates (CCLs), electrolytic copper foils, prepreg, wood pulp papers, moulds and printing ink, among others. Through its subsidiaries, the Company is also engaged in the import and export of electronic products, as well as the sales of mineral products. The Company distributes its products within domestic market and to overseas markets.