Baoding Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 04:58 am EDT
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Baoding Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 86.98 million compared to CNY 73.64 million a year ago. Revenue was CNY 86.98 million compared to CNY 73.64 million a year ago. Net income was CNY 1.64 million compared to CNY 2.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.01 a year ago.
Baoding Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of electronic copper foil and copper-clad laminates. The Company operates primarily through four segments. The Forgings and Castings segment is mainly engaged in the manufacturing and sales of large-scale castings and forgings. The Copper Foil and Copper Clad Laminate segment is mainly engaged in the research and development, production and sales of electronic copper foil and copper clad laminates. The Gold Mining segment is mainly engaged in the mining, selection and sales of gold mines, and its products are gold concentrates and finished gold. The Other segment is mainly engaged in other businesses. The Company mainly conducts its businesses in the domestic market.