Tibet GaoZheng Explosive Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:10 am EDT
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Tibet GaoZheng Explosive Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 184.32 million compared to CNY 160.04 million a year ago. Revenue was CNY 184.32 million compared to CNY 160.04 million a year ago. Net income was CNY 1.53 million compared to net loss of CNY 0.762688 million a year ago. Basic earnings per share from continuing operations was CNY 0.0055 compared to basic loss per share from continuing operations of CNY 0.0028 a year ago. Diluted earnings per share from continuing operations was CNY 0.0055 compared to diluted loss per share from continuing operations of CNY 0.0028 a year ago.
Tibet GaoZheng Explosive Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of civil explosive materials and industrial explosives, as well as the provision of blasting services. Its products mainly include powdery emulsion explosives, gelatinous emulsion explosives, blasting caps, as well as industrial electric detonators and industrial cables, among others. Its products are mainly applied in infrastructure construction and national defense construction such as coal, metal, non-metallic mineral resources mining, hydropower and water conservancy. The Company mainly operates its business mainly in domestic market, with Tibet Autonomous Region as its main market.
TIBET GAOZHENG EXPLOSIVE CO., LTD. 