Jiangsu Hualan New Pharmaceutical Material Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:42 am EDT
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Jiangsu Hualan New Pharmaceutical Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 130.92 million compared to CNY 168.19 million a year ago. Revenue was CNY 130.92 million compared to CNY 168.19 million a year ago. Net income was CNY 31.17 million compared to CNY 41.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.231 compared to CNY 0.407 a year ago. Diluted earnings per share from continuing operations was CNY 0.231 compared to CNY 0.407 a year ago.
Jiangsu Hualan New Pharmaceutical Material Co Ltd is a China-based company primarily engaged in the research, development, production and sales of packaging materials for direct contact injection drugs. The Companyâs main products include various kinds of coated rubber stoppers, conventional rubber stoppers and others. The Company's products are mainly used in the field of pharmaceutical preparations such as infusion, freeze-drying, powder injection, monoclonal antibodies, small water injections, blood sampling, and Chinese medicine compound preparations, among others. The Company also produces plastic infusion container assemblies and urinary anorectal minimally invasive surgical instruments. The Company distributes its products within the domestic market and to overseas markets, including Italy, Egypt, Saudi Arabia, Qatar and other areas.