Ningbo Homelink Eco-iTech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 02:17 pm IST
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Ningbo Homelink Eco-iTech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 414.83 million compared to CNY 305.42 million a year ago. Revenue was CNY 414.83 million compared to CNY 305.42 million a year ago. Net income was CNY 22.67 million compared to CNY 14.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.1889 compared to CNY 0.1602 a year ago. Diluted earnings per share from continuing operations was CNY 0.1889 compared to CNY 0.1602 a year ago.
Ningbo Homelink Eco-iTech Co Ltd is a China-based company engaged in the research and development (R&D), production and sales of plastic products. The Company is also engaged in the R&D, production and sales of fully biodegradable material products, paper products and others. The Company's main products include catering products, durable household products and other products, which are widely used in home, fast-moving consumer goods (FMCG), catering, aviation and other fields. The catering products include knives, forks, spoons, cups, bowls, straws, aviation catering kits and others. The household products include storage boxes, shoe boxes, chair panels, filter baskets, bathroom shelves, fully degradable membrane bags and others. The Company's products are exported to North America, Europe, Oceania and other regions.