Zhejiang Longsheng Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:25 am EDT
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Zhejiang Longsheng Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4,505.49 million compared to CNY 4,174.34 million a year ago. Revenue was CNY 4,505.49 million compared to CNY 4,174.34 million a year ago. Net income was CNY 469.6 million compared to CNY 1,068.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.1443 compared to CNY 0.3322 a year ago. Diluted earnings per share from continuing operations was CNY 0.1443 compared to CNY 0.3322 a year ago.
Zhejiang Longsheng Group Co., Ltd is a China-based company, principally engaged in the research and development, manufacture and distribution of dye products. The Company's product portfolio consists of specialty chemical products and basic chemicals, including dye, addition agents, chemical intermediates, water reducing agents, as well as inorganic products and others. In addition, the Company is also engaged in the real estate business, as well as the provision of auto parts and development solutions. The Company distributes its products within domestic market and to overseas markets.