Zhenhai Petrochemical Engineering CO., LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 05:45 am
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Zhenhai Petrochemical Engineering CO., LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 155.3 million compared to CNY 174.98 million a year ago. Revenue was CNY 155.3 million compared to CNY 174.98 million a year ago. Net income was CNY 13.47 million compared to CNY 9.65 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.04 a year ago.
Zhenhai Petrochemical Engineering CO., LTD is a China-based company and mainly engaged in engineering general contracting business, engineering design and engineering consulting business of refinery chemical plant. Project general contracting is project survey, design, procurement, construction, commissioning and the whole process or part of stages of the contract in accordance with the contract agreement entrusted by the owner. The engineering design includes a variety of design and consulting services during the early stages of the project and the project implementation phase. The company also operates other business such as engineering supervision business, cost consulting business and anti-corrosion derusting business. The Company operates its businesses primary in domestic market.