Henan Hengxing Science & Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:56 am
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Henan Hengxing Science & Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 856.06 million compared to CNY 733.33 million a year ago. Revenue was CNY 856.06 million compared to CNY 733.33 million a year ago. Net income was CNY 31.16 million compared to CNY 49.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.0405 a year ago. Diluted earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.0405 a year ago.
Henan Hengxing Science & Technology Co Ltd is a China-based company mainly engaged in the research and development (R&D), batch manufacturing and sales of metal products. The Company operates four segments: Metal Products segment, Photovoltaic Products segment, Chemical segment and Others segment. The Metal Products segmentâs products mainly include galvanized steel strand, steel cord, prestressed steel strand, diamond wire, etc., which are mainly used in power cables, posts and telecommunications, extra-high voltage Engineering, automobile tires, highways and other fields. The Photovoltaic Products segmentâs products mainly include silicon ingots, silicon wafers, etc. The Company's products are sold to Asia, Europe, America and other countries and regions.
HENAN HENGXING SCIENCE & TECHNOLOGY CO.,LTD. 
