Zhejiang Liming Intelligent Manufacturing Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 12:37 am
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Zhejiang Liming Intelligent Manufacturing Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 135.86 million compared to CNY 157.97 million a year ago. Revenue was CNY 135.86 million compared to CNY 157.97 million a year ago. Net income was CNY 13.15 million compared to CNY 36.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.33 a year ago.
Zhejiang Liming Intelligent Manufacturing Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of automotive precision parts. The Company's main products include valve bridges, valve spring upper seats, rocker arm ball heads/sockets, spark plug injector spacers and other precision forgings, piston cooling nozzles and other assembly parts, valve locks, crankshaft sensor signal discs, bowl plugs, valve spring lower seats and other stampings, and other parts. The Company's products are mainly used in automotive internal combustion engines mainly use traditional fuels. The Company mainly conducts its businesses in domestic and overseas markets.