Zhejiang Meili High Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 03:45 pm
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Zhejiang Meili High Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 252.23 million compared to CNY 181.12 million a year ago. Revenue was CNY 252.23 million compared to CNY 181.12 million a year ago. Net income was CNY 1.81 million compared to CNY 12.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.07 a year ago.
Zhejiang Meili High Technology Co Ltd is a company engaged in research, development, production and sales of spring products. The Company's product types are comprised of suspension system springs, power system springs, body and interior springs, general-purpose springs and other spring products. The Company also operates the production and sales of precision injection molded products through its subsidiaries, including safety system components, steering wheel system components, sun visor assemblies and skylight components.