Hubei Forbon Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 05:12 am
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Hubei Forbon Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 196.42 million compared to CNY 185.21 million a year ago. Revenue was CNY 196.42 million compared to CNY 185.21 million a year ago. Net income was CNY 13.49 million compared to CNY 23.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.08 a year ago.
Hubei Forbon Technology Co.,Ltd is a China-based company principally engaged in the provision of fertilizer additives products, the complete technical services and the overall solution of automatic control systems of refined additives. The Company's main products are fertilizer additives, including anti-caking agents, multi-purpose package agents, granulation improver, phosphate rock flotation agents, sustained release materials and other energy saving additives. The Company distributes its products in domestic market and to overseas markets.