Chongqing Sanxia Paints Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 02:41 pm IST
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Chongqing Sanxia Paints Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 99.44 million compared to CNY 101.98 million a year ago. Revenue was CNY 99.44 million compared to CNY 101.98 million a year ago. Net income was CNY 50.53 million compared to CNY 24.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.06 a year ago.
Chongqing Sanxia Paints Co., Ltd is primarily engaged in the manufacture and wholesale of paints and coatings. The Company's products include anti-corrosive paints, industrial paints, automotive paints, construction paints, furniture paints and others. The Company also provides other chemical products. Through its subsidiaries, the Company is also engaged in the production and distribution of tablets, granules, capsules and bulk pharmaceutical chemicals, among others. The Company distributes its products principally in domestic market.