Tibet Tianlu Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 03:35 pm EDT
Share
Tibet Tianlu Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 694.47 million compared to CNY 603.24 million a year ago. Revenue was CNY 694.47 million compared to CNY 603.24 million a year ago. Net loss was CNY 56.45 million compared to CNY 42.54 million a year ago. Basic loss per share from continuing operations was CNY 0.0615 compared to CNY 0.0463 a year ago. Diluted loss per share from continuing operations was CNY 0.0615 compared to CNY 0.0463 a year ago.
TIBET TIANLU CO., LTD. is a China-based company principally engaged in the engineering construction, construction material production and distribution and mineral exploration. Engineering Construction segment mainly contracts for highway pavement construction projects and bridge construction projects. The main product of Construction Material Production and Distribution segment is cement. Mineral Exploration segment is mainly involved in the early stage of mineral exploration. The Company operates its businesses primarily in Tibet Autonomous Region, China.