Suzhou Chunxing Precision Mechanical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 12:32 pm
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Suzhou Chunxing Precision Mechanical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 679.72 million compared to CNY 620.59 million a year ago. Revenue was CNY 679.72 million compared to CNY 620.59 million a year ago. Net income was CNY 16.71 million compared to net loss of CNY 64.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.0148 compared to basic loss per share from continuing operations of CNY 0.0574 a year ago. Diluted earnings per share from continuing operations was CNY 0.0148 compared to diluted loss per share from continuing operations of CNY 0.0574 a year ago.
SUZHOU CHUNXING PRECISION MECHANICAL CO., LTD is a China-based company, principally engaged in the research, development and manufacture of precision light metal structures, mobile radio frequency devices and stamping sheet metal parts. The Company's products include filter structures, radiator structures, automobile cooling system structures, filters, diplexers and combiners, among others. The Company's products are applied in communication equipment, automotives, consumer electronics and frequency converters and other fields. The Company distributes its products within domestic market and to overseas markets.