Create Technology & Science Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:31 am EDT
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Create Technology & Science Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,000.38 million compared to CNY 921.69 million a year ago. Revenue was CNY 1,000.38 million compared to CNY 921.69 million a year ago. Net income was CNY 37.75 million compared to CNY 33.65 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.08 a year ago.
CREATE TECHNOLOGY & SCIENCE CO., LTD. is a China-based company mainly engaged in the manufacturing of special equipment and instruments. The Company operates through six business segments. The Clean and Environmental Protection Equipment and Installation segmentâs products include air cleaning equipment and systems, biosafety equipment and systems, energy saving and environmental protection equipment and systems, gas purification equipment and systems. The Transmission and Distribution High-voltage Insulator segment is engaged in the research and development, production and sales of various types of insulators. The Precision Bearing segment is engaged in the development, production and sales of bearings and rolling elements. The Company also operates the Measurement Instruments segment, Abrasives Abrasives segment and Trade and Services segment. The Company operates it businesses primarily within the domestic market.