Jiangxi Guotai Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 10, 2022 at 03:21 pm IST
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Jiangxi Guotai Group Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 831.84 million compared to CNY 772.28 million a year ago. Revenue was CNY 943.22 million compared to CNY 813.63 million a year ago. Net income was CNY 110.82 million compared to CNY 87.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.15 a year ago.
Jiangxi Guotai Group Co., Ltd., formerly Jiangxi Guotai Industrial Explosive Group Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and distribution of civil explosive products and the provision of blasting services. The Companyâs products include industrial explosives, industrial detonators, as well as industrial detonating cords, among others. The Companyâs products are applied in the mining operations, infrastructure construction and other related fields. The Company is also involved in the development of blasting operation video surveillance platform and the provision of engineering installation services. The Company mainly operates its business in domestic market.
JIANGXI GUOTAI GROUP CO.,LTD. 
