QuakeSafe Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:39 am EDT
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QuakeSafe Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 228.48 million compared to CNY 151.35 million a year ago. Revenue was CNY 228.48 million compared to CNY 151.35 million a year ago. Net income was CNY 32.55 million compared to CNY 29.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.1342 compared to CNY 0.1217 a year ago. Diluted earnings per share from continuing operations was CNY 0.1324 compared to CNY 0.1217 a year ago.
QuakeSafe Technologies Co., Ltd. formerly Yunnan QuakeSafe Seismic Isolation Technologies Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of building isolation rubber bearings. The Company's main products include isolation bearings, elastic skateboard bearings, energy dampers, road bridge bearings and others. The Company also provides related technical services such as isolation consultation, isolation design, isolation rubber bearing installation guidance, replacement and maintenance. The Company's products are mainly used in schools, hospitals, commercial and residential properties, public buildings and other public housings in the field of affordable housing. The Company mainly conducts its businesses in domestic market.
QUAKESAFE TECHNOLOGIES CO., LTD. 
