Hichain Logistics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 06:30 am EDT
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Hichain Logistics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 359.31 million compared to CNY 304.46 million a year ago. Revenue was CNY 359.31 million compared to CNY 304.46 million a year ago. Net income was CNY 90.86 million compared to CNY 62.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.4259 compared to CNY 0.2939 a year ago. Diluted earnings per share from continuing operations was CNY 0.4259 compared to CNY 0.2939 a year ago.
Hichain Logistics Co Ltd is a China-based company that provides integrated logistics services for enterprises related to the electronic information industry. The Company's modern logistics service system covers the entire supply chain of manufacturing companies' raw material logistics, production logistics, finished product logistics and reverse logistics. The Company provides freight forwarding services such as transportation services, customs services and international freight forwarding, warehousing services and terminal operations. The Company mainly conducts its businesses in the China market.