Yunding Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:12 am EDT
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Yunding Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 145.67 million compared to CNY 57.67 million a year ago. Revenue was CNY 145.67 million compared to CNY 57.67 million a year ago. Net income was CNY 2.6 million compared to CNY 5.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.0051 compared to CNY 0.0106 a year ago. Diluted earnings per share from continuing operations was CNY 0.0051 compared to CNY 0.0106 a year ago.
Yunding Technology Co Ltd, formerly ShanDong Geo-Mineral Co Ltd, is a China-based company principally engaged in information technology service business and coal gasification technology promotion business. The Company operates business through two segments. The Information Technology Service Business segment, through its subsidiary, provides customers with characteristic information, intelligent solutions and closed-loop services from planning, design, integration to operation and maintenance. The Coal Gasification Technology Promotion Business segment, through its subsidiary, is mainly engaged in coal gasification technology implementation license, technology research and development, technical services and technical training business. The Company mainly conducts business in the domestic market.