Jiangsu Zhongtian Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:42 pm IST
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Jiangsu Zhongtian Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 9,289.54 million compared to CNY 10,716.7 million a year ago. Revenue was CNY 9,289.54 million compared to CNY 10,716.7 million a year ago. Net income was CNY 1,015.57 million compared to CNY 493.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.302 compared to CNY 0.164 a year ago. Diluted earnings per share from continuing operations was CNY 0.302 compared to CNY 0.156 a year ago.
JIANGSU ZHONGTIAN TECHNOLOGY CO., LTD. is a China-based company, principally engaged in the manufacture and sales of communication products. The Company's products include general optical fiber cables, power optical fiber cables, submarine optical fiber cables, optical fiber products, radio frequency cables, aluminum alloy wires, aluminum clad steel wires, soft optical fiber cables, optical fiber ribbon cables, optical cable components, as well as detective optical fiber cables, among others. The Company is also engaged in trading and new energy businesses. The Company distributes its products within domestic market and to overseas markets.