Monalisa Group CO.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022
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Monalisa Group CO.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,063.69 million compared to CNY 996.49 million a year ago. Revenue was CNY 1,063.69 million compared to CNY 996.49 million a year ago. Net loss was CNY 73.82 million compared to net income of CNY 47.08 million a year ago. Basic loss per share from continuing operations was CNY 0.18 compared to basic earnings per share from continuing operations of CNY 0.12 a year ago. Diluted loss per share from continuing operations was CNY 0.18 compared to diluted earnings per share from continuing operations of CNY 0.12 a year ago.
Monalisa Group Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of high-quality building ceramic products. The Company operates through two main segments. The Main Business segment is primarily involved in the production and sales of building ceramic products. The Companyâs main products include porcelain tiles, ceramic plates and thin bricks. The Other Business segment is mainly engaged in the lease of houses and sales of scraps.