Guangdong Mingzhu Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 11:09 am EDT
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Guangdong Mingzhu Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 200.26 million compared to CNY 479.96 million a year ago. Revenue was CNY 200.26 million compared to CNY 479.96 million a year ago. Net income was CNY 58.57 million compared to CNY 310.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.39 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.39 a year ago.
Guangdong Mingzhu Group Co., Ltd is a China-based company, principally engaged in trading business. The Company's products mainly include metal hardware as well as building materials and accessories. Through its subsidiaries, the Company is also principally engaged in the manufacture and sales of valve products, sales of steel, building materials and chemical products, as well as development and sales of properties. The Company conducts its businesses mainly in Southern China and Central China.
GUANGDONG MINGZHU GROUP CO.,LTD 
