Zhengzhou Deheng Hongsheng Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:04 pm IST
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Zhengzhou Deheng Hongsheng Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 740.02 million compared to CNY 866.28 million a year ago. Revenue was CNY 740.02 million compared to CNY 866.28 million a year ago. Net income was CNY 84.92 million compared to CNY 93.75 million a year ago. Basic earnings per share from continuing operations was CNY 0.1626 compared to CNY 0.1795 a year ago. Diluted earnings per share from continuing operations was CNY 0.1626 compared to CNY 0.1795 a year ago.
Yutong Heavy Industries Co Ltd is a China-based company mainly engaged in the production of machinery and equipment. The Company operates through two segments. The Machinery Equipment segment is mainly engaged in the research and development, production and sales of sanitation equipment, products including sanitation cleaning equipment and garbage collection and transfer equipment; mining equipment, products including new energy mining vehicles and fuel mining vehicles; basic engineering machinery, products including rotary excavation drilling rigs, crawler cranes and bridge inspection vehicles. The Environmental Sanitation Services segment is mainly engaged in road cleaning, garbage collection and transportation, landscaping maintenance, municipal facilities management and maintenance, property services, garbage classification and renewable resources, public toilet management and other services. The Company mainly operates its businesses in the domestic and overseas markets.
YUTONG HEAVY INDUSTRIES CO.,LTD. 
