Rightway Holdings Co.,ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:20 am EDT
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Rightway Holdings Co.,ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 123.06 million compared to CNY 226.3 million a year ago. Revenue was CNY 123.06 million compared to CNY 226.3 million a year ago. Net loss was CNY 34.48 million compared to CNY 14.19 million a year ago. Basic loss per share from continuing operations was CNY 0.0228 compared to CNY 0.0094 a year ago. Diluted loss per share from continuing operations was CNY 0.0228 compared to CNY 0.0094 a year ago.
Rightway Holdings Co., Ltd., formerly SichuanGuodong Construction Co., Ltd, is a China-based company principally engaged in the manufacture and distribution of artificial boards. The Companyâs main products include middle and high density fiber boards, covering boards and particle boards, among others, which are applied primarily in the manufacture of furniture. The Company is also engaged in the businesses of engineering construction, hotel operations, glass deep-processing and production and distribution of formaldehyde.
RIGHTWAY HOLDINGS CO.,LTD. 
