Luoyang Northglass Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 01:25 pm IST
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Luoyang Northglass Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 382.17 million compared to CNY 289.98 million a year ago. Revenue was CNY 382.17 million compared to CNY 289.98 million a year ago. Net income was CNY 14.34 million compared to CNY 1.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.0153 compared to CNY 0.0021 a year ago. Diluted earnings per share from continuing operations was CNY 0.0153 compared to CNY 0.0021 a year ago.
Luoyang Northglass Technology Co.,LTD is a China-based company principally engaged in the research, development of glass deep processing technology, as well as the manufacture and sale of glass products. The Company's main technical products include various types of glass deep-processing equipment and deep-processing glass products, such as glass tempering units, low emissivity (low-e) glass production lines, pretreatment equipment and automation systems, automotive glass pretreatment production lines, screen printing equipment, insulating glass, toughened glass, laminated glass, low-e glass and other composite glass products. The Company distributes its products in domestic market and to overseas markets.