Hainan RuiZe New Building Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:47 am EDT
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Hainan RuiZe New Building Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 474.18 million compared to CNY 564.51 million a year ago. Revenue was CNY 474.18 million compared to CNY 564.51 million a year ago. Net income was CNY 4.1 million compared to CNY 2.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.0036 compared to CNY 0.0022 a year ago. Diluted earnings per share from continuing operations was CNY 0.0036 compared to CNY 0.0022 a year ago.
Hainan RuiZe New Building Material Co., Ltd. is a China-based company principally engaged in the production and sales of non-metallic mineral products. The Company mainly operates through four segments. The Commercial concrete segment is mainly engaged in the production and sales of various strength grades of ordinary concrete, marine concrete, ecological concrete, colored landscape concrete and decorative concrete. The Cement segment is mainly engaged in the production and sales of bulk PO42.5R cement. The Landscaping segment is mainly engaged in landscape design, landscape engineering construction, landscaping maintenance services and seedling planting and sales. The Municipal Sanitation segment is engaged in municipal solid waste cleaning, collection, transportation, disposal, recycling and utilization as well as urban afforestation management and maintenance. The Company mainly operates in the domestic market, with Hainan as the main market.
HAINAN RUIZE NEW BUILDING MATERIAL CO.,LTD 
