Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 03:48 pm IST
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Guangxi Yuegui Guangye Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 618.67 million compared to CNY 598 million a year ago. Revenue was CNY 618.67 million compared to CNY 598 million a year ago. Net income was CNY 35.59 million compared to CNY 1.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.0533 compared to CNY 0.0018 a year ago. Diluted earnings per share from continuing operations was CNY 0.0533 compared to CNY 0.0018 a year ago.
Guangxi Yuegui Guangye Holdings Co Ltd, formerly Guangxi Guitang Group Co Ltd, is a China-based company mainly engaged in the production and sales of sugar, paper, pulp, pyrite, sulfuric acid, iron ore powder, phosphate fertilizer and other products. The Company operates six segments. Machine-Made Sugar segment is mainly engaged in the production and sales of machine-made sugar (white sugar, brown sugar). Processing Trade Sugar segment is mainly engaged in the sales of processed trade sugar. Paper Industry segment is principally engaged in the production and sales of pulp and machine-made paper (specialty paper). Mining Industry segment is mainly engaged in the mining, processing and sales of pyrite. Chemical Industry segment is mainly engaged in the production and sales of sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (pyrite cinder) and phosphate fertilizer (generally calcium phosphate). The Company also conducts business through Property Sales segment.