JinFu Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:21 am EDT
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JinFu Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 170.87 million compared to CNY 148.15 million a year ago. Revenue was CNY 170.87 million compared to CNY 148.15 million a year ago. Net income was CNY 25.2 million compared to CNY 22.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.09 a year ago.
JinFu Technology Co Ltd is a company engaged in research and development, production and sales of plastic packaging products. The Company's products are mainly comprised of plastic anti-theft bottle caps and handles. The plastic anti-theft bottle caps products include 3025 plastic bottle caps, 2925 plastic bottle caps and 38 plastic bottle caps, as well as no-splash caps. The products are applied in bottled mineral water, bottled drinking water and bottled functional drinks. The handles products include handles for 1.555L bottled beverages and handles for 4.5L barreled beverages. The Company also provides two-piece bottle caps used for soy sauce bottles, valve bottle caps and nozzle bottle caps used for edible oil, as well as switch caps and terminal rubber caps for air-conditioning compressors.