Shandong Tongda Island New Materials Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 09:57 am EDT
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Shandong Tongda Island New Materials Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 126.66 million compared to CNY 100.09 million a year ago. Revenue was CNY 126.66 million compared to CNY 100.09 million a year ago. Net income was CNY 1.95 million compared to CNY 3.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.0219 compared to CNY 0.0377 a year ago. Diluted earnings per share from continuing operations was CNY 0.0219 compared to CNY 0.0377 a year ago.
Shandong Tongda Island New Material Co Ltd is a China-based company principally engaged in the research, development, manufacturing, and sales of ultra-fiber man-made leather. The Company's main products include ultra-fiber suede leather, ultra-fiber smooth leather, ultra-fiber base fabric, and others. The Company's products are mainly used in footwear, sofa, home furnishings, sporting goods, engineering decorations, automotive interiors, handbags, cases, and apparels, among others. The Company distributes its products in the domestic market and to overseas markets.