Fanli Digital Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 12:51 am IST
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Fanli Digital Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 65.74 million compared to CNY 94.97 million a year ago. Revenue was CNY 65.74 million compared to CNY 94.97 million a year ago. Net loss was CNY 6.06 million compared to net income of CNY 16.71 million a year ago. Basic loss per share from continuing operations was CNY 0.0074 compared to basic earnings per share from continuing operations of CNY 0.0239 a year ago. Diluted loss per share from continuing operations was CNY 0.0074 compared to diluted earnings per share from continuing operations of CNY 0.0239 a year ago.
Fanli Digital Technology Co Ltd, formerly Jiangxi Fanli Digital Technology Co Ltd, is a China-based company principally engaged in the manufacture and distribution of acrylamide and other chemical products. The Company's other chemical products include urea, crude methanol, synthetic ammonia, silica hydrated, liquid carbon dioxide, plastic pipes, polyacrylamide, hydrogen, nitrogen and oxygen, among others. The Company distributes its products primarily in domestic market.