Zanyu Technology Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:31 am EDT
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Zanyu Technology Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,899.31 million compared to CNY 2,531.23 million a year ago. Revenue was CNY 2,899.31 million compared to CNY 2,531.23 million a year ago. Net income was CNY 165.03 million compared to CNY 181.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 0.35 compared to CNY 0.4 a year ago.
Zhejiang Zanyu Technology Co., Ltd. is principally engaged in the research, development, manufacture and distribution of surfactants. The Company also involves in related technology transfer business, technical service provision, testing operations, as well as import and export trading business. The Company primarily provides surfactants, including anion and nonionic surfactants; oleochemicals, including refined glycerine and natural fatty alcohol. Through its subsidiaries, the Company is also engaged in the production and distribution of leather chemicals, textile dyeing and printing auxiliaries, plastic auxiliaries and others. The Company distributes its products in both domestic markets and overseas markets.