Guoanda Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:24 am
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Guoanda Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 68.19 million compared to CNY 43.18 million a year ago. Revenue was CNY 68.19 million compared to CNY 43.18 million a year ago. Net income was CNY 8.59 million compared to CNY 4.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.04 a year ago.
Guoanda Co Ltd is a China-based company engaged in research and development, production and sales of fire extinguishing devices. The Company's products include ultra-fine dry powder automatic fire extinguishing devices and intelligent fire fighting systems, automatic fire extinguishing devices and intelligent fire fighting systems used for battery boxes, as well as fixed fire extinguishing systems used for passenger compartments. Its products are used in a range of areas, covering passenger car engine compartments, lithium battery boxes of new energy vehicles, substation cables and new energy power stations.