Guangdong Kingstrong Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:14 am EDT
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Guangdong Kingstrong Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 97.18 million compared to CNY 83.61 million a year ago. Revenue was CNY 97.18 million compared to CNY 83.61 million a year ago. Net income was CNY 34.41 million compared to CNY 20.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.1923 compared to CNY 0.1154 a year ago. Diluted earnings per share from continuing operations was CNY 0.1923 compared to CNY 0.1154 a year ago.
Guangdong Kingstrong Technology Co Ltd is a company mainly engaged in research, development, production and sales of metal matrix composite materials and products. The company operates two segments. The Metal Products and Other Businesses segment provides metal matrix superhard material products, thermal spray materials, wave absorbing materials, optical materials and products, as well as carbon fiber materials products. The products are used in building ceramics and military industry. The Radio Frequency (RF) Microwave segment operates its businesses through its subsidiary, and engaged in the design, development and production of RF microwave components, equipment and systems. The Company sells its products to both domestic and international markets, including Vietnam and India.
GUANGDONG KINGSTRONG TECHNOLOGY CO., LTD. 
