Anhui Anli Material Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:43 am EDT
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Anhui Anli Material Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 484.42 million compared to CNY 442.64 million a year ago. Revenue was CNY 484.42 million compared to CNY 442.64 million a year ago. Net income was CNY 169 million compared to CNY 27.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.7911 compared to CNY 0.1272 a year ago. Diluted earnings per share from continuing operations was CNY 0.7911 compared to CNY 0.1272 a year ago.
Anhui Anli Material Technology Co Ltd is a China-based company mainly engaged in the research and development (R&D), production, sales and service of ecological functional polyurethane synthetic leather and composite materials. The Company is also engaged in the production and sales of ordinary polyurethane synthetic leather. The Company's products are mainly used in the fields of functional shoe materials, sofas and other house furnishings, electronic products, sports equipments, engineering decorations, automobile interior, handbags and bags. The Company's products are exported to the European Union, the United States and other countries and regions.