Jiangxi Xinyu Guoke Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:45 am
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Jiangxi Xinyu Guoke Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 72.83 million compared to CNY 49.85 million a year ago. Revenue was CNY 72.83 million compared to CNY 49.85 million a year ago. Net income was CNY 11.09 million compared to CNY 7.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.0577 compared to CNY 0.0387 a year ago. Diluted earnings per share from continuing operations was CNY 0.0577 compared to CNY 0.0387 a year ago.
Jiangxi Xinyu Guoke Technology Co Ltd is a company engaged in research and development, production and sales of pyrotechnics and related products. The Company has two types of products which are military pyrotechnics and civilian pyrotechnics. The military pyrotechnical products include pyrotechnic components, such as detonators and booster tubes, and pyrotechnic devices, such as pushers and pin pullers. The products are used in weapons and equipment of the army, navy, air force and public security. The civil pyrotechnical products include artificial weather influencing equipment and meteorological equipment, such as artificial hail-prevention and rain-enhancing rockets, rocket launching systems, and precipitation phenomenon instruments.