Zhejiang Chunhui Intelligent Control Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:30 am
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Zhejiang Chunhui Intelligent Control Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 129.3 million compared to CNY 127.39 million a year ago. Revenue was CNY 129.3 million compared to CNY 127.39 million a year ago. Net income was CNY 12.05 million compared to CNY 15.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.0867 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.0867 a year ago.
Zhejiang Chunhui Intelligent Control Co Ltd is a China-based company mainly engaged in the research, development and manufacturing of fluid control valves and control systems. The Company's products include oil and gas control products, gas control products, heating control products, air conditioning control products and internal combustion engine accessories, such as dual-flow solenoid valves, shut-off valves, oil and gas recovery control systems, gas pressure regulators, hot water supply control valves , two-way thermal expansion valve and camshaft, etc. Its products are used in fuel dispensers, natural gas dispensers, natural gas pipeline networks, gas wall-mounted heating stoves, household air conditioners, automobile air conditioners, heat pump water heaters and diesel engines. The Company conducts its businesses within the China market and to overseas markets such as the United States, Germany and Turkey.