Xiangcai Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 10:52 am EDT
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Xiangcai Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was CNY 1,298.03 million compared to CNY 1,053.28 million a year ago. Net loss was CNY 62.09 million compared to net income of CNY 124.54 million a year ago. Basic loss per share from continuing operations was CNY 0.0217 compared to basic earnings per share from continuing operations of CNY 0.0464 a year ago. Diluted loss per share from continuing operations was CNY 0.0217 compared to diluted earnings per share from continuing operations of CNY 0.0464 a year ago.
XIANGCAI CO., LTD, formerly Harbin High-Tech (Group) Co., Ltd, is a China-based company principally engaged in the real estate business. The Company is also involved in soybean deep processing, pharmaceutical production and waterproofing membrane manufacturing and sales businesses. Its real estate business is engaged in residential and industrial real estates development business, as well as property management business. Its soybean deep processing business provides soybean protein isolate, soybean tissue protein and soybean nutritious food. Its pharmaceutical business is mainly engaged in the production and marketing of thymopeptide enteric-coated tablets and other drugs for the treatment of immune system. Its waterproof coil business is engaged in the manufacture and sales of polyethylene polypropylene fiber coils, load-bearing coil and joint profiles.
XIANGCAI CO.,LTD 
