Tibet GaoZheng Explosive Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:22 am EDT
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Tibet GaoZheng Explosive Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 652.9 million compared to CNY 473.06 million a year ago. Revenue was CNY 652.9 million compared to CNY 473.06 million a year ago. Net income was CNY 30.02 million compared to CNY 26.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.09 a year ago.
Tibet GaoZheng Explosive Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of civil explosive materials and industrial explosives, as well as the provision of blasting services. Its products mainly include powdery emulsion explosives, gelatinous emulsion explosives, blasting caps, as well as industrial electric detonators and industrial cables, among others. Its products are mainly applied in infrastructure construction and national defense construction such as coal, metal, non-metallic mineral resources mining, hydropower and water conservancy. The Company mainly operates its business mainly in domestic market, with Tibet Autonomous Region as its main market.
TIBET GAOZHENG EXPLOSIVE CO., LTD. 
