Dianguang Explosion-proof Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:01 pm IST
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Dianguang Explosion-proof Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 208.5 million compared to CNY 142.3 million a year ago. Revenue was CNY 208.5 million compared to CNY 142.3 million a year ago. Net income was CNY 10.1 million compared to CNY 9.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago.
Dianguang Explosion-proof Technology Co., Ltd. is a China-based company principally engaged in the research, development, design, production and sale of mining explosion-proof electrical equipment, mine explosion-proof monitoring and control products, mining emergency rescue products and electrical equipment. The Company's main products include all-intelligent metering equipment, single and three-phase meter boxes, multi-meter boxes, low-voltage power distribution cabinets for power, high and low voltage cable distribution boxes, sheet molding compound (SMC) electrical equipment boxes and outdoor high voltage circuit breakers. The Company's products are mainly used in the areas of petrochemicals, factory explosion-proof, military explosion-proof, state grid, international power, communications technology, airport traffic, rail transport and national municipal large-scale projects. The Company also provides education training and study abroad services.