ShaoYang Victor Hydraulics Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 09:29 am
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ShaoYang Victor Hydraulics Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 75.78 million compared to CNY 70.69 million a year ago. Revenue was CNY 75.78 million compared to CNY 70.69 million a year ago. Net income was CNY 7.66 million compared to CNY 7.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.13 a year ago.
Shaoyang Victor Hydraulics Co Ltd is a China-based company mainly engaged in the design, research and development (R&D), production and sales of hydraulic piston pump, hydraulic cylinder and hydraulic system. The Company is also engaged in professional technical services for hydraulic products. The Company's main products are divided into two categories: hydraulic components and hydraulic systems. The hydraulic components include hydraulic piston pump and hydraulic cylinder. The Company's products are widely used in engineering machinery, metallurgy, machine tools, hydropower, wind power, valves, military industry, ships, new energy and other industries. The Company's products are exported to many countries and regions.