Qingdao Guolin Environmental Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:28 am EDT
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Qingdao Guolin Environmental Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 63.2 million compared to CNY 75.13 million a year ago. Revenue was CNY 63.2 million compared to CNY 75.13 million a year ago. Net income was CNY 4.22 million compared to CNY 10.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.0222 compared to CNY 0.0722 a year ago. Diluted earnings per share from continuing operations was CNY 0.0222 compared to CNY 0.0722 a year ago.
Qingdao Guolin Technology Group Co Ltd, formerly Qingdao Guolin Environmental Technology Co Ltd, is a China-based company mainly engaged in ozone generation mechanism research, ozone equipment design and manufacture, ozone application engineering design, as well as the installation, commissioning, operation and maintenance of ozone system equipment. The Company's main products include large, medium and small ozone generators and ancillary equipment. These products are mainly used for large-scale environmental protection projects in the municipal deep water treatment, municipal sewage and water treatment, various types of refractory industrial wastewater treatment and flue gas denitrification treatment. The Company also produces other accessories, as well as refrigeration and refrigeration equipment. The Company conducts its businesses within domestic market and overseas markets.