Kailong High Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:49 am EDT
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Kailong High Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 250.82 million compared to CNY 278.77 million a year ago. Revenue was CNY 250.82 million compared to CNY 278.77 million a year ago. Net income was CNY 8.78 million compared to CNY 13.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.12 a year ago.
Kailong High Technology Co Ltd is a China-based company that mainly provides environmental protection equipment. The Company is mainly engaged in the research and development, production and sales of internal combustion engine exhaust pollution control equipment. It mainly develops and produces exhaust pollution control equipment for diesel engines and gas engines. Its products include diesel engine selective catalytic reduction System (SCR) system, diesel engine particle capture system, gas engine exhaust gas aftertreatment system, parts and exhaust gas purification energy-saving system. The Company conducts its businesses within the China market and to overseas markets.