Vontron Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 08:36 am EDT
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Vontron Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 313.14 million compared to CNY 315.22 million a year ago. Revenue was CNY 313.14 million compared to CNY 315.22 million a year ago. Net income was CNY 20.34 million compared to CNY 10.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.0482 compared to CNY 0.024 a year ago. Diluted earnings per share from continuing operations was CNY 0.0482 compared to CNY 0.024 a year ago.
Vontron Technology Co Ltd, formerly South Huiton Co Ltd, is a China-based company mainly engaged in chemical business. The Company operates four segments: Membrane Products segment, Plant Fiber Products segment, Membrane Separation segment and Reclaimed Water Reuse segment. The Membrane Products segment is mainly engaged in the research and development (R&D), manufacturing and service of composite reverse osmosis membrane, nanofiltration membrane and ultrafiltration membrane products. The products are divided into household membrane and industrial membrane. The Plant Fiber Products segment is mainly engaged in the R&D, manufacturing and sales of plant fiber elastic materials and products and palm comprehensive development products. The Membrane Separation segment provides overall solutions for membrane separation, including technical scheme design, engineering design, etc.
VONTRON TECHNOLOGY CO., LTD. 
