Shenglan Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 12:57 pm
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Shenglan Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 312.99 million compared to CNY 307.92 million a year ago. Revenue was CNY 312.99 million compared to CNY 307.92 million a year ago. Net income was CNY 23.39 million compared to CNY 33.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.22 a year ago.
Shenglan Technology Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of electronic connectors and precision components. Its products are mainly used in consumer electronics, new energy vehicles and other fields. The consumer electronics connectors and components include universal serial bus (USB) connectors, wafer connectors, flexible printed circuit (FPC) connectors, wiring harness connectors, terminals and housings. The new energy vehicle connectors and component products mainly include soft/hard connections, high voltage connectors, charging guns and others. The Company also offers refractive lenses and reflective lenses. The Company distributes its products in domestic market and to overseas markets.