Jinhua Chunguang Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 06:06 am EDT
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Jinhua Chunguang Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 250.416 million compared to CNY 105.838 million a year ago. Operating income was CNY 35.313 million compared to CNY 18.913 million a year ago. Net income was CNY 32.122 million compared to CNY 15.255 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.11 a year ago.
Jinhua Chunguang Technology Co., Ltd is a China-based company which is mainly engaged in research and development, manufacture and sales of clean electrical hoses and fittings. The Company mainly provides hose and accessory integration solutions for cleaning appliance manufacturers. The Companyâs hose products mainly include flexible hoses, extruded hoses, blown hoses, plastic hoses and composite wound hoses. The Company's accessories mainly include water tanks, reels, floor brushes, elbows, water bags, connectors and handles. The Company's products are mainly used in cleaning appliances such as vacuum cleaners, hanging machines, dishwashers and outdoor cleaning industrial dust removal systems.
JINHUA CHUNGUANG TECHNOLOGY CO.,LTD 
