Jiangsu ToLand Alloy Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 08:13 am EDT
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Jiangsu ToLand Alloy Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 212.05 million compared to CNY 149.17 million a year ago. Revenue was CNY 212.05 million compared to CNY 149.17 million a year ago. Net income was CNY 40.4 million compared to CNY 36.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.1333 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.1333 compared to CNY 0.12 a year ago.
Jiangsu ToLand Alloy Co Ltd is a Chinese company mainly engaged in the research and development, production and sales of high-performance alloy materials and their products. The company's main products include cast superalloys, deformed superalloys and special stainless steels, such as precision castings, master alloys, bars, pipes, wires, etc. Its products are mainly used in military and high-end civilian fields such as aero engines, gas turbines, and nuclear power equipment. The company operates in the domestic and overseas markets.