HG Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:21 am EDT
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HG Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 281.34 million compared to CNY 243.09 million a year ago. Revenue was CNY 281.34 million compared to CNY 243.09 million a year ago. Net income was CNY 27.5 million compared to CNY 18.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago.
HG Technologies Co Ltd is a China-based company mainly engaged in research, development, production and sales of printing and copying electrostatic imaging consumables and imaging equipment. The Company's main products are toners, organic photo-conductor (OPC) drums, information security copiers and special precision processed products. The Company operates its businesses within the domestic market and to overseas markets such as North America, South America, Europe and Southeast Asia.