Ningxia Building Materials Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:04 pm IST
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Ningxia Building Materials Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 981.41 million compared to CNY 575.26 million a year ago. Revenue was CNY 981.41 million compared to CNY 575.26 million a year ago. Net income was CNY 14.71 million compared to CNY 1.75 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.0037 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.0037 a year ago.
NINGXIA BUILDING MATERIALS GROUP Co., Ltd is primarily engaged in the manufacture and distribution of cements and commercial concretes. The Companyâs products consist of cements, clinkers and commercial concretes, including 32.5 level, 42.5 level and 52.5 level and 62.5 level Portland cements, ordinary Portland cements, composite Portland cements, slag Portland cements, fly ash cements and road Portland cements, low heat Portland cements, sulphate resisting Portland cements and oil well cements, among others. The Company distributes its products under the brand names of Saima, Qingtongxia, Shuanglu, Liupanshan and Ningzhongning.