Xinjiang Joinworld Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 04:57 am EDT
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Xinjiang Joinworld Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,116.45 million compared to CNY 1,813.08 million a year ago. Revenue was CNY 2,116.45 million compared to CNY 1,813.08 million a year ago. Net income was CNY 379.55 million compared to CNY 144.85 million a year ago. Basic earnings per share from continuing operations was CNY 0.3064 compared to CNY 0.143 a year ago. Diluted earnings per share from continuing operations was CNY 0.3048 compared to CNY 0.1414 a year ago.
Xinjiang Joinworld Co Ltd is a China-based company principally engaged in the research and development, production and sales of new electronic materials and aluminum and alloy products. The Company's main products include high-purity aluminum, electronic aluminum foil, electrode foil, aluminum products and alloy products. The Company's products are mainly used in electronic equipment, household appliances, automobile manufacturing, wire and cable, transportation, aerospace and other fields. The Company distributes its products both in the domestic market and to overseas markets.