Hangzhou Huaguang Advanced Welding Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 07:14 pm IST
Share
Hangzhou Huaguang Advanced Welding Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 284.14 million compared to CNY 271.64 million a year ago. Revenue was CNY 284.14 million compared to CNY 271.64 million a year ago. Net income was CNY 6.57 million compared to CNY 16.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.19 a year ago.
Hangzhou Huaguang Advanced Welding Materials Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of brazing materials. The Company's main products are electronic connection materials such as copper-based solder, silver solder, silver paste and tin-based solder. The Company's products are widely used in many fields such as refrigeration and heating and ventilation, power and electrical, electronics, new energy vehicles, and other industrial applications. The Company provides customers with integrated services such as welding materials, welding equipment, welding tools, weldment processing, and welding technology.