Ocean's King Lighting Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:53 am EDT
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Ocean's King Lighting Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 304.35 million compared to CNY 315.38 million a year ago. Revenue was CNY 304.35 million compared to CNY 315.38 million a year ago. Net income was CNY 16.85 million compared to CNY 27.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.0216 compared to CNY 0.035 a year ago. Diluted earnings per share from continuing operations was CNY 0.0216 compared to CNY 0.035 a year ago.
Ocean's King Lighting Science & Technology Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of special ambient lighting equipment, as well as the provision of related services. The Company's main products include fixed lighting, mobile lighting and portable lighting. The Company's products are mainly used in electric power, metallurgy, railway, oil field, petrochemicals, public security, fire protection, coal, military, port, venue, civil aviation, shipbuilding and machinery manufacturing industries. The Company distributes its products mainly in domestic market.
OCEAN'S KING LIGHTING SCIENCE & TECHNOLOGY CO., LTD 
