Jiangsu Canlon Building Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 20, 2022 at 04:58 am EDT
Share
Jiangsu Canlon Building Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 325.6 million compared to CNY 445.14 million a year ago. Revenue was CNY 325.6 million compared to CNY 445.14 million a year ago. Net income was CNY 8.59 million compared to CNY 54.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.18 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.18 a year ago.
Jiangsu Canlon Building Materials Co Ltd is a company mainly engaged in research and development, production and sales of building waterproof materials. The Company's products include polymer coils, asphalt-based coils, polyurethane coatings, polymer cement coatings and so on, which are used in a range of public facilities and infrastructure construction projects, including high-speed railways, subways, tunnels and airports. The Company also provides waterproofing construction services. The Company sells its products to both domestic and international markets, including Pakistan, Thailand, Britain, Norway, Singapore, Australia and Egypt.