Shandong Mining Machinery Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:10 am EDT
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Shandong Mining Machinery Group Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 574.8 million compared to CNY 461.49 million a year ago. Revenue was CNY 574.8 million compared to CNY 461.49 million a year ago. Net income was CNY 38.84 million compared to CNY 30.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.0172 a year ago. Diluted earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.0172 a year ago.
SHANDONG MINING MACHINERY GROUP CO., LTD. is a China-based company principally engaged in the manufacture and sales of coal machinery equipment. The Company's products include scraper conveyors, hydraulic supports, belt conveyors, construction material machines, printing equipment and others. The Company is also engaged in coal sales, online games and Internet businesses, and provides coal mining services. The Company conducts its businesses in domestic and overseas markets.