Xi'an Triangle Defense Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 08:16 am EDT
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Xi'an Triangle Defense Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 427.75 million compared to CNY 188.4 million a year ago. Revenue was CNY 427.75 million compared to CNY 188.4 million a year ago. Net income was CNY 141.51 million compared to CNY 74.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to CNY 0.15 a year ago.
XiAn Triangle Defense Co Ltd is a China-based company mainly engaged in the research, production and sales of forging products in the fields of aviation, aerospace and marine, as well as the provision of corresponding service businesses. The Company's main products include die forgings, free forgings and others. These products are mainly used in the manufacture of large aircrafts, fighter fuselages, landing gear systems, helicopters, aircraft engines and gas turbine disks. The Company mainly conducts its businesses in domestic market.