Nantong Chaoda Equipment Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 12:18 pm
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Nantong Chaoda Equipment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 103.42 million compared to CNY 98 million a year ago. Revenue was CNY 103.42 million compared to CNY 98 million a year ago. Net income was CNY 8.26 million compared to CNY 12.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.22 a year ago.
Nantong Chaoda Equipment Co Ltd is a China-based company mainly engaged in the production, research and development (R&D) and sales of automobile interior and exterior decoration molds. The company is also engaged in the R&D, production and sales of automobile inspection tools, automatic chemical equipment and parts. The automobile interior and exterior decoration molds mainly include automobile soft decoration molds and foam molds, which are mainly used to manufacture automobile ceiling, carpet, seat, side wall, door panel and others. The automobile inspection tools include all kinds of auto interior and exterior decoration assembly inspection tools, auto four door and two cover assembly inspection tools, auto main model matching inspection tools and others. The automatic chemical equipment and parts products include punching and cutting tooling equipment for automobile instrument panel, edge wrapping tooling equipment for automobile ceiling and others.