Guangdong Hec Technologyholding Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:32 am
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Guangdong Hec Technologyholding Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,842.36 million compared to CNY 2,610.53 million a year ago. Revenue was CNY 2,842.36 million compared to CNY 2,610.53 million a year ago. Net income was CNY 287.85 million compared to CNY 21.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.099 compared to CNY 0.008 a year ago. Diluted earnings per share from continuing operations was CNY 0.099 compared to CNY 0.008 a year ago.
Guangdong Hec Technology Holding Co Ltd is a China-based company mainly engaged in the production and sales of electronic components, aluminum foil, new chemical materials and energy materials. The electronic components business is mainly engaged in the research and development, production and sales of electrode foils for aluminum electrolytic capacitors, laminated foils, aluminum electrolytic capacitors and soft magnetic materials. The aluminum foil business is mainly engaged in the production of electronic optical foil, hydrophilic foil, brazing foil and battery aluminum foil. The new chemical materials business is mainly engaged in the production of chlor-alkali chemical products and new environmentally friendly refrigerants. The energy materials business is mainly engaged in the production of lithium iron phosphate and ternary materials. The Company mainly operates its businesses in the domestic and overseas markets.