Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:29 am
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Guangdong Shunna Electric Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 366.56 million compared to CNY 340.17 million a year ago. Revenue was CNY 366.56 million compared to CNY 340.17 million a year ago. Net income was CNY 4.46 million compared to CNY 3.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.0065 compared to CNY 0.0049 a year ago. Diluted earnings per share from continuing operations was CNY 0.0065 compared to CNY 0.0049 a year ago.
Guangdong Shunna Electric Co., Ltd., formerly Guangdong Macro Co., Ltd., is a China-based company principally engaged in the manufacture and sale of power transmission and distribution equipment. The Company is also engaged in bulk trading and supply chain services for transmission and distribution products. The Company's power transmission and distribution equipment mainly include dry transformers, preinstalled substations, combined transformers, medium- and low-voltage switchgears and dry reactors, among others. The Company mainly conducts its business in the Chinese domestic market.