Chenzhou City Jingui Silver Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:37 am EDT
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Chenzhou City Jingui Silver Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 935.95 million compared to CNY 1.93 million a year ago. Revenue was CNY 935.95 million compared to CNY 1.93 million a year ago. Net loss was CNY 9.76 million compared to CNY 60.02 million a year ago. Basic loss per share from continuing operations was CNY 0.0044 compared to CNY 0.0272 a year ago. Diluted loss per share from continuing operations was CNY 0.0044 compared to CNY 0.0272 a year ago.
Hunan Silver Co Ltd, formerly Chenzhou City Jingui Silver Industry Co Ltd, is a China-based company primarily engaged in the non-ferrous metal smelting business. The Company operates it businesses through recycling non-ferrous metals from lead concentrate and waste residue and waste liquid of lead smelting process, such as gold, bismuth, antimony, zinc, copper and indium. The Companyâs main businesses include silver smelting and deep processing. The Company's main products include silver, electrolytic lead, gold, sulfuric acid and secondary zinc oxide, among others. The Company is also involved in non-ferrous metal and mine product trading business. The Company mainly operates its businesses in the domestic and overseas markets.