Shanghai Lonyer Fuels Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 12:03 pm EDT
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Shanghai Lonyer Fuels Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,201.64 million compared to CNY 1,650.37 million a year ago. Revenue was CNY 2,201.64 million compared to CNY 1,650.37 million a year ago. Net income was CNY 22.4 million compared to CNY 16.78 million a year ago. Basic earnings per share from continuing operations was CNY 0.0577 compared to CNY 0.0423 a year ago. Diluted earnings per share from continuing operations was CNY 0.0577 compared to CNY 0.0423 a year ago.
Shanghai Lonyer Data Co Ltd, formerly Shanghai Lonyer Fuels Co Ltd, is a China-based company mainly engaged in data center (IDC) business and bulk commodity trading business. The IDC business provides Internet infrastructure services, cloud computing and big data platform services. Commodity trading business includes petrochemical trade and non-ferrous metal trade. Petrochemical trade includes refined oil, fuel oil, methanol, and ethylene glycol. The Company operates its business in domestic and overseas markets.