GCH Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:18 pm IST
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GCH Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 154.54 million compared to CNY 122.38 million a year ago. Revenue was CNY 154.54 million compared to CNY 122.38 million a year ago. Net income was CNY 46.16 million compared to CNY 36.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.36 a year ago. Diluted earnings per share from continuing operations was CNY 0.35 compared to CNY 0.36 a year ago.
GCH Technology Co Ltd is a China-based company mainly engaged in the manufacture of polymer material additives. The Company's main products nucleating agents, synthetic hydrotalcite and compound additives are key materials for the manufacture of high-performance resins and are at the upstream of the high-performance resin and modified plastics manufacturing industry. The Company's products can improve the general resin products of optical, mechanical properties and to improve the stability of resin products, made of high performance resin products can meet the food packaging contact materials, medical equipment, pharmaceutical packaging, infants and young children, auto parts, lithium battery materials, household appliances household items, lithium batteries, such as building materials like industry safety and environmental requirements.