Anhui Xinbo Aluminum Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022
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Anhui Xinbo Aluminum Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 969.07 million compared to CNY 462.61 million a year ago. Revenue was CNY 969.07 million compared to CNY 462.61 million a year ago. Net income was CNY 45.93 million compared to CNY 26.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.36 compared to CNY 0.25 a year ago.
Anhui Xinbo Aluminum Co Ltd is a China-based company mainly engaged in the research, development, production and sales of aluminum profiles and aluminum components. The Company's main products include industrial aluminum profiles, industrial aluminum parts and architectural aluminum profiles. Its products are used in new energy photovoltaic industry chain, rail transit, automobile lightweight, medical and environmental protection, electronic appliances, system doors and windows, energy-saving buildings and other fields. The Company mainly conducts its businesses in the China market.