Transfar Zhilian Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 12:45 pm EDT
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Transfar Zhilian Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 8,301.21 million compared to CNY 7,077.22 million a year ago. Revenue was CNY 8,329.4 million compared to CNY 7,101.44 million a year ago. Net income was CNY 152.42 million compared to CNY 139.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.0504 compared to CNY 0.0423 a year ago. Diluted earnings per share from continuing operations was CNY 0.0502 compared to CNY 0.0422 a year ago.
Transfar Zhilian Co., Ltd., formerly Zhejiang Transfar Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of special chemical products, as well as the provision of logistics information services and the development of related software. The Companyâs products mainly include textile dyeing auxiliaries, chemical oil agents for leather, fuel and butadiene rubber. The Company is also involved in the trading of fuel and tire as well as the provision warehousing, hotel rental, as well as transportation services. The Company mainly distributes its products within domestic markets, with eastern China as its major market.