Shanxi Huhua Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 01:50 pm EDT
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Shanxi Huhua Group Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 710.36 million compared to CNY 537.52 million a year ago. Revenue was CNY 737.8 million compared to CNY 556.4 million a year ago. Net income was CNY 81.21 million compared to CNY 96.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to CNY 0.6 a year ago. Diluted earnings per share from continuing operations was CNY 0.41 compared to CNY 0.6 a year ago.
Shanxi Huhua Group Co Ltd is a China-based company mainly engaged in the research and development, production and sales of various types of civil explosives. The Company also provides customers with specific engineering blasting solutions and blasting services. The Company's main products are industrial explosives, industrial detonators, industrial cables and other initiating equipment. Its products are used in mining, metallurgy, transportation, water conservancy, power, construction and petroleum fields. The Company is also engaged in digital electronic detonator chip design research and development and consumer electronics product design services. The Company conducts its businesses within the domestic market and to overseas markets.
SHANXI HUHUA GROUP CO., LTD. 
