Valiant Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:48 am EDT
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Valiant Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,370.89 million compared to CNY 786.71 million a year ago. Revenue was CNY 1,370.89 million compared to CNY 786.71 million a year ago. Net income was CNY 232.78 million compared to CNY 131.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.25 compared to CNY 0.14 a year ago.
Valiant Co.,Ltd, formerly Yantai Valiant Fine Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and sales of products of information materials, environmental protection materials and large health industries. The Company operates through three main segments. The Information Materials Industry segment is engaged in the manufacture and sales of display materials and other functional materials. The Environmental Protection Materials Industry segment is involved in the research, development and manufacture of new zeolite environmental protection material for tail gas purification. The Large Health Industry segment is engaged in the pharmaceutical production, life sciences and in vitro diagnostic services.