Jee Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 02:44 pm
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Jee Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 549.19 million compared to CNY 325.45 million a year ago. Revenue was CNY 549.19 million compared to CNY 325.45 million a year ago. Net income was CNY 36.23 million compared to CNY 35.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.34 a year ago.
Jee Technology Co Ltd is a China-based company mainly engaged in intelligent equipment. The Company operates in two segments. Intelligent Equipment segment mainly provides customers with overall solutions for intelligent equipment. New Energy Vehicle Electric Driving System segment mainly provides customers with new energy vehicle electric drive system products. The Company's overall solutions for intelligent equipment mainly include intelligent connection production lines for automotive body-in-white, intelligent assembly and testing production lines for automotive powertrains, intelligent assembly and testing production lines for power batteries, and digital operation management systems. New energy vehicle electric drive systems mainly include new energy vehicle motors, motor controllers and integrated electric drive system products. The Company operates its businesses in the domestic market.