Zhefu Holding Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:35 am EDT
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Zhefu Holding Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,800.95 million compared to CNY 2,997.89 million a year ago. Revenue was CNY 3,800.95 million compared to CNY 2,997.89 million a year ago. Net income was CNY 404.41 million compared to CNY 565.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.11 a year ago.
ZHEFU HOLDING GROUP CO., LTD is a China-based company principally engaged in the research, manufacture and sales of mechanical equipment. The Company operates its businesses through three segments. The Hydropower Business segment is mainly engaged in the research and development, design, manufacture and sales of complete sets of hydro-generators, as well as provision of related services. The Nuclear Power Business segment is mainly engaged in the design and manufacture of nuclear power safety machinery and equipment. The Energy Conservation and Environmental Protection segment is mainly engaged in the development of energy conservation and environmental protection technology, and the research and development, manufacture and sales of related equipment. The Company conducts its businesses within domestic and overseas markets.