Zhejiang Damon Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 04:49 am IST
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Zhejiang Damon Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 311.64 million compared to CNY 197.99 million a year ago. Revenue was CNY 311.64 million compared to CNY 197.99 million a year ago. Net income was CNY 16.78 million compared to CNY 0.29329 million a year ago. Basic earnings per share from continuing operations was CNY 0.2. Diluted earnings per share from continuing operations was CNY 0.2.
Damon Technology Group Co Ltd, formerly Zhejiang Damon Technology Co Ltd, is a China-based company mainly engaged in research, development, design, manufacturing, sales and service of automated logistics conveying and sorting systems, key equipment and its core components. The Company's main products include automated logistics conveyor sorting systems; automated logistics conveyor sorting key equipment, such as box conveyor equipment and pallet conveyor equipment; logistics conveyor sorting core components, such as conveyor rollers. The Company's products are used in e-commerce, express logistics, clothing, medicine, tobacco, new retail, smart manufacturing and other fields. The Company operates its businesses within the domestic market and to overseas markets such as South Korea, Australia, European Union countries, the United States and India.