Wuhan DR Laser Technology Corp.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:08 am EDT
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Wuhan DR Laser Technology Corp.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 310.59 million compared to CNY 274.25 million a year ago. Revenue was CNY 310.59 million compared to CNY 274.25 million a year ago. Net income was CNY 92.99 million compared to CNY 73.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.5438 compared to CNY 0.4375 a year ago. Diluted earnings per share from continuing operations was CNY 0.5438 compared to CNY 0.4313 a year ago.
Wuhan DR Laser Technology Corp Ltd is a China-based company mainly engaged in research and development, production and sales of precision laser processing equipment for the photovoltaic industry. The Company is principally engaged in the design of precision laser processing solutions as well as research and development, production and sales of ancillary equipment. The Company's main products include passivated emitter and rear cell (PERC) laser ablation equipment, selective emitter (SE) laser doping equipment, metal wrap through (MWT) series laser equipment, fully automatic high speed laser dicing / splitting machine, light induced degradation regeneration(LID/R) laser repair equipment and laser boron expansion equipment. The company is also engaged in maintenance, technical services and other businesses. The Company sells its products within domestic market and to overseas markets.