Fujian Nanping Sun Cable Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:47 am
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Fujian Nanping Sun Cable Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,546.12 million compared to CNY 2,066.96 million a year ago. Revenue was CNY 2,546.12 million compared to CNY 2,066.96 million a year ago. Net income was CNY 31.29 million compared to CNY 20.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.0477 compared to CNY 0.0315 a year ago. Diluted earnings per share from continuing operations was CNY 0.0477 compared to CNY 0.0315 a year ago.
Fujian Nanping Sun Cable Co Ltd is a China-based company mainly engaged in copper processing business. The Company operates primarily through four segments. The Wire and Cable segment is mainly engaged in the production and sales of insulated power cables, nuclear power plant cables, wind power cables, submarine power cables, submarine photoelectric composite cables, flexible direct current submarine cables, construction wires, equipment cables, data cables and overhead wires. The Copper Processing segment is principally engaged in copper processing business. The Hotel segment is mainly engaged in the operation of hotels. The Other Business segment is mainly engaged in other businesses. The Company mainly conducts its businesses in the domestic market.