IFE Elevators Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 12:08 pm
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IFE Elevators Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 254.62 million compared to CNY 189.27 million a year ago. Revenue was CNY 254.62 million compared to CNY 189.27 million a year ago. Net income was CNY 3.12 million compared to net loss of CNY 6.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.0093 compared to basic loss per share from continuing operations of CNY 0.0205 a year ago. Diluted earnings per share from continuing operations was CNY 0.0093.
IFE Elevators Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing and sales of elevators, escalators and passenger conveyors, as well as providing related product installation, renovation and maintenance services. The Company's main products include passenger elevators, freight elevators, escalators and passenger conveyors. The Company distributes its products within domestic market and to overseas markets.