Nancal Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
April 26, 2023 at 06:34 am EDT
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Nancal Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 309.86 million compared to CNY 267.67 million a year ago. Revenue was CNY 309.86 million compared to CNY 267.67 million a year ago.
Net income was CNY 42.79 million compared to CNY 31.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago.
Nancal Technology Co., Ltd. is a China-based company mainly engaged in intelligent business. The Company's main business includes intelligent manufacturing and intelligent electrical. Intelligent manufacturing business mainly provides overall solution services to manufacturing enterprises in the fields of aerospace, aerospace, weapons, high-tech electronics, etc., which can be divided into software systems and services, digital production line construction and services, and test bench construction and services. Intelligent electrical business can be divided into industrial electrical products and systems, charging power products and systems, power quality products and systems, and energy management systems. The Company operates its businesses in both domestic and overseas markets.