Asia Cuanon Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:10 pm
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Asia Cuanon Technology (Shanghai) Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 487.98 million compared to CNY 600.71 million a year ago. Revenue was CNY 487.98 million compared to CNY 600.71 million a year ago. Net loss was CNY 38.04 million compared to CNY 3.92 million a year ago. Basic loss per share from continuing operations was CNY 0.0897 compared to CNY 0.0069 a year ago. Diluted loss per share from continuing operations was CNY 0.0897 compared to CNY 0.0069 a year ago.
Asia Cuanon Technology Shanghai Co Ltd is a China-based company mainly engaged in the research and development, production, sales and service of functional building coatings, building insulation and decoration integrated materials, building energy-saving insulation materials, waterproof materials, mortar, and new home materials. The Company's products include six major product systems: functional building coatings, building insulation and decoration integrated materials, building energy-saving insulation materials, waterproof materials, mortar, and new home materials.