Xiamen R&T Plumbing Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:48 am EDT
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Xiamen R&T Plumbing Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 406.83 million compared to CNY 332.2 million a year ago. Revenue was CNY 406.83 million compared to CNY 332.2 million a year ago. Net income was CNY 36.59 million compared to CNY 30.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.0875 compared to CNY 0.073 a year ago. Diluted earnings per share from continuing operations was CNY 0.0875 compared to CNY 0.073 a year ago.
Xiamen R&T Plumbing Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sales of bathroom accessories. The Company focuses on the energy and water saving technology. Its major products include water-saving flush assembly, soft closing covers, concealed cisterns, wall-hung tanks and smart toilet seats and other products, among which water-saving flush assembly is the Company's major product. The Company's major products are principally manufactured with engineering plastics.