Guangdong KinLong Hardware Products Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 06:52 am EDT
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Guangdong KinLong Hardware Products Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,292.08 million compared to CNY 1,243.23 million a year ago. Revenue was CNY 1,292.08 million compared to CNY 1,243.23 million a year ago. Net loss was CNY 89.44 million compared to net income of CNY 42.68 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to basic earnings per share from continuing operations of CNY 0.13 a year ago. Diluted loss per share from continuing operations was CNY 0.28 compared to diluted earnings per share from continuing operations of CNY 0.13 a year ago.
Guangdong KinLong Hardware Products Co.,Ltd. is a China-based company principally engaged in the research and development, production and sales of middle- and high-end building door, window and curtain wall hardware system, as well as metal structural components and related products. The Company's main products include door and window hardware system, door control hardware system, point supported glass curtain wall structural components, stainless steel rail structural components and other architectural hardware products. The Company distributes its products mainly in domestic market, as well as to overseas markets.