Guangdong Jinming Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:36 am EDT
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Guangdong Jinming Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 137.49 million compared to CNY 117.35 million a year ago. Revenue was CNY 137.49 million compared to CNY 117.35 million a year ago. Net income was CNY 9.77 million compared to CNY 14.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.03 a year ago.
GUANGDONG JINMING MACHINERY CO., LTD. is principally engaged in the research, development, design, manufacture and distribution of plastic machines. The Company primarily provides film blow molding equipment, including equipment for packaging films, agricultural films, geomembrane and specialty films, as well as blow molding machines. Its products are applied in the manufacture of packaging films, agricultural films, geomembrane, specialty films, beverage bottles, oil tanks and automobile tanks, among others. The Company distributes its products in domestic market and to overseas markets. The Company also engages in development of intelligent equipments through its subsidiary.