Shandong Huapeng Glass Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:13 pm EDT
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Shandong Huapeng Glass Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 165.75 million compared to CNY 201.59 million a year ago. Revenue was CNY 165.75 million compared to CNY 201.59 million a year ago. Net loss was CNY 38.93 million compared to CNY 1.74 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to CNY 0.01 a year ago.
Shandong Huapeng Glass Co Ltd is a China-based company mainly engaged in the research and development, production and sales of glassware products and glass bottles and cans. Glassware products are mainly glass stemware, including lead-free crystal glass stemware produced by secondary molding process, and sealed and stretched glass stemware. Glass bottle products are divided into three categories according to their uses: wine and beverage bottles, food and condiment bottles, and medical packaging bottles, which are used in the fields of wine, food, beverages and medicines. The Company mainly conducts its business in the domestic and foreign markets.