Jiangyin Zhongnan Heavy Industries Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 04:14 am EDT
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Jiangyin Zhongnan Heavy Industries Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 116.06 million compared to CNY 103.79 million a year ago. Revenue was CNY 116.06 million compared to CNY 103.79 million a year ago. Net income was CNY 98.15 million compared to CNY 281.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.12 a year ago.
Zhongnanhong Culture Group Co., Ltd., formerly Jiangyin Zhongnan Heavy Industries Co., Ltd., is a China-based company, principally engaged in culture and media business. The Company operates its businesses through two segments. The Culture business segment is engaged in the investment, plan, manufacture, publication and distribution of television and film projects and derived business, artist management, copyright development and operation, game production and distribution and equity investment. The Manufacturing Business segment is engaged in the manufacture and distribution of pipe fittings, flanges and pressure vessels. The Company distributes its products within domestic market and to overseas markets.
JIANGYIN ZHONGNAN HEAVY INDUSTRIES CO.,LTD 
