Jiangsu Xiuqiang Glasswork Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:06 am EDT
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Jiangsu Xiuqiang Glasswork Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 411.21 million compared to CNY 323.93 million a year ago. Revenue was CNY 411.21 million compared to CNY 323.93 million a year ago. Net income was CNY 59.79 million compared to CNY 18.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.0967 compared to CNY 0.0293 a year ago. Diluted earnings per share from continuing operations was CNY 0.0967 compared to CNY 0.0293 a year ago.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.