Dongguan Golden Sun Abrasives Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 20, 2022 at 06:00 pm IST
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Dongguan Golden Sun Abrasives Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 99.15 million compared to CNY 78.12 million a year ago. Revenue was CNY 99.15 million compared to CNY 78.12 million a year ago. Net income was CNY 7.63 million compared to CNY 3.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.0533 compared to CNY 0.0267 a year ago. Diluted earnings per share from continuing operations was CNY 0.0533 compared to CNY 0.0267 a year ago.
DONGGUAN GOLDEN SUN ABRASIVES CO., LTD is a China-based company principally engaged in the manufacture and sales of abrasive paper. The Company's main products include water-resistant abrasive paper, dry abrasive paper, dry film coated abrasive paper, polyester film abrasive paper and others. Its products are mainly applied in grinding and polishing for metal, wood, leather, glass, plastics, ceramics and other products, involving aerospace, automotive, shipbuilding, machine tool, chemical, construction, metallurgy, energy, home appliances, electronics, furniture and other industries. The Company distributes its products in domestic and overseas markets.