Kailong High Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 28, 2022 at 08:49 am
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Kailong High Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 818.7 million compared to CNY 1,113.61 million a year ago. Revenue was CNY 828.27 million compared to CNY 1,123.18 million a year ago. Net loss was CNY 126.8 million compared to net income of CNY 99.54 million a year ago. Basic loss per share from continuing operations was CNY 1.13 compared to basic earnings per share from continuing operations of CNY 1.15 a year ago. Diluted loss per share from continuing operations was CNY 1.13 compared to diluted earnings per share from continuing operations of CNY 1.15 a year ago.
Kailong High Technology Co Ltd is a China-based company that mainly provides environmental protection equipment. The Company is mainly engaged in the research and development, production and sales of internal combustion engine exhaust pollution control equipment. It mainly develops and produces exhaust pollution control equipment for diesel engines and gas engines. Its products include diesel engine selective catalytic reduction System (SCR) system, diesel engine particle capture system, gas engine exhaust gas aftertreatment system, parts and exhaust gas purification energy-saving system. The Company conducts its businesses within the China market and to overseas markets.