Xilong Scientific Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:45 am EDT
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Xilong Scientific Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,838.14 million compared to CNY 1,581.36 million a year ago. Revenue was CNY 1,838.14 million compared to CNY 1,581.36 million a year ago. Net income was CNY 83.76 million compared to CNY 13.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.02 a year ago.
XILONG SCIENTIFIC CO.,LTD., formerly XILONG CHEMICAL CO.,LTD., is principally engaged in the research, development, production and sale of chemical reagents. The Company primarily provides general chemical reagents, including ammonia water, sodium hydroxide, sulfuric acid, nitric acid, carbinol and ethanol; chemical reagents for printed circuit boards (PCBs), as well as super clean high purity chemical reagents. Its chemical reagents are mainly used in electronic information, daily chemicals, medicine, food, as well as sensitization industries. The Company is also involved in chemical raw material, bulk pharmaceutical, food additive, and in-vitro diagnostic substance businesses.