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 King-Strong Technology Co Ltd is a China-based company mainly engaged in the radio frequency (RF) microwave business. The Company mainly conducts its businesses through three segments. The Special Application Field Materials segment is mainly engaged in the research and development, manufacturing, sales and service of thermal spray materials, electromagnetic absorbing materials, structural absorbing functional materials, anti-corrosion and static conductive materials, zinc sulfide (ZnS) optical materials, and others. The RF Microwave Business segment is mainly engaged in the design, development, production and service of RF microwave power amplification and filtering, frequency source and signal source, reception, frequency conversion and other related circuit modules, components, equipment and systems. The Management segment is mainly engaged in management business. The Company mainly conducts its businesses in the domestic market.
