Tjk Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:54 am EDT
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Tjk Machinery (Tianjin) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 94.58 million compared to CNY 103.29 million a year ago. Revenue was CNY 94.58 million compared to CNY 103.29 million a year ago. Net income was CNY 12.39 million compared to CNY 18.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.2 a year ago.
TJK MACHINERY (TIANJIN) CO., LTD. is a China-based company mainly engaged in the research, design, production and sales of high-end computer numerical control (CNC) reinforcement steel processing machines, and provision of overall solutions for CNC reinforcement steel processing. The Company mainly produces and sells three series of products: single-piece reinforcement steel forming machinery, combined reinforcement steel forming machinery and reinforcement steel strengthening machinery, including fully automatic CNC reinforcement steel bending machine, fully automatic CNC reinforcement steel straightening and cutting machine and so on. Products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower, steel processing and distribution centers and other fields. The Company operates its businesses in the domestic market and to overseas markets.