WG TECH (Jiang Xi) Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 04:08 am EDT
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WG TECH (Jiang Xi) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 356.13 million compared to CNY 188.79 million a year ago. Net income was CNY 2.34 million compared to CNY 10.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.0149 compared to CNY 0.0887 a year ago. Diluted earnings per share from continuing operations was CNY 0.0149 compared to CNY 0.0887 a year ago.
WG Tech JiangXi Co Ltd is a China-based company principally engaged in the finishing of flat panel display (FPD) photoelectric glass. The Company's main products and services include FPD photoelectric glass thinning, coating and cutting services. Its FPD photoelectric glass products mainly include thin film transistor liquid crystal displays (TFT-LCDs). Its coating services include indium tin oxide (ITO) coating, On-Cell coating and In-Cell anti-interference high-impedance coating services. The Company's services are mainly applied in mobile smart terminal products, such as smart phones and tablet computers. The Company mainly operates its businesses in domestic market.