China Zhenhua Science & Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:23 pm IST
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China Zhenhua (Group) Science & Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,885.91 million compared to CNY 1,308.22 million a year ago. Revenue was CNY 1,885.91 million compared to CNY 1,308.22 million a year ago. Net income was CNY 607.33 million compared to CNY 246.67 million a year ago. Basic earnings per share from continuing operations was CNY 1.1721 compared to CNY 0.4791 a year ago. Diluted earnings per share from continuing operations was CNY 1.1721 compared to CNY 0.4791 a year ago.
China Zhenhua Group Science & Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of new electronic components. The Company operates two segments. New Electronic Components segment provides chip resistors, capacitors, inductors, semiconductor discrete devices, thick film hybrid integrated circuits, high-voltage vacuum interrupters and electromechanical components, special batteries and other products, which are widely used in aviation, aerospace, electronics, weapons, shipbuilding, nuclear industry and other fields. Modern Service Industry segment provides water, electricity and gas supply guarantee services, as well as property leasing and operation services in industrial parks. The Company mainly conducts businesses within the domestic market.