Guangdong Ganhua Science and Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:08 am EDT
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Guangdong Ganhua Science and Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 90.21 million compared to CNY 142.19 million a year ago. Revenue was CNY 90.21 million compared to CNY 142.19 million a year ago. Net income was CNY 25.22 million compared to CNY 44.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.0581 compared to CNY 0.1019 a year ago. Diluted earnings per share from continuing operations was CNY 0.0578 compared to CNY 0.1019 a year ago.
Guangdong Ganhua Science & Industry Co Ltd, formerly Jiangmen Sugarcane Chemical Factory Group Co Ltd, is a company mainly engaged in research, development and manufacturing of tungsten alloy prefabricated fragments. The Company operates three segments. The Fragment segment provides prefabricated fragments, including tungsten posts, tungsten rings and tungsten balls. The products are used in defense technology. The Power Products segment is involved in design, production and sales of power converters for the conversion of electricity in different modes. The products are applied in various weapon platforms, such as airborne, shipborne, and ammunition. The Sugar Trading segment operates the trading of white granulated sugar.
GUANGDONG GANHUA SCIENCE & INDUSTRY CO., LTD. 
