Nantong Guosheng Intelligence Technology Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:53 am
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Nantong Guosheng Intelligence Technology Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 275.26 million compared to CNY 232.06 million a year ago. Revenue was CNY 275.26 million compared to CNY 232.06 million a year ago. Net income was CNY 42.2 million compared to CNY 35.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.27 a year ago. Diluted earnings per share from continuing operations was CNY 0.32 compared to CNY 0.27 a year ago.
Nantong Guosheng Intelligence Technology Group Co Ltd is a company mainly engaged in manufacturing and sales of computer numerical control (CNC) machine tools. The Company's products include CNC machine tools, equipment components and intelligent automated production lines. The CNC machine tool products are mainly comprised of cutting machine tools, such as precision horizontal machining centers and large complex gantry machining centers. The products are used in biomedicine, aerospace, new energy equipment and other industries. The intelligent automated production line products include automation units and equipment, as well as full set production lines. The equipment component products include customized machine tool bodies, precision sheet weldment and castings.