Chang Lan Electric Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022
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Chang Lan Electric Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 200.1 million compared to CNY 174.68 million a year ago. Revenue was CNY 200.1 million compared to CNY 174.68 million a year ago. Net income was CNY 17.81 million compared to CNY 29.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.16 a year ago.
Chang Lan Technology Group Co Ltd, formerly Chang Lan Electric Technology Co Ltd, is a China-based company principally involved in the research, development, manufacture, sales and service-providing of power cable accessories and auxiliary products. The Company operates through two main segments. The Main Business segment is primarily engaged in the sales and manufacture of cable accessories and complete sets of products. The Other Business segment is principally engaged in the sales of cables and scraps. The Companyâs main products include ultra-high voltage cable accessories, high voltage cable accessories, medium and low voltage cables accessories and other products.
CHANG LAN TECHNOLOGY GROUP CO., LTD. 
