Zhejiang Mustang Battery Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:51 am
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Zhejiang Mustang Battery Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 246.54 million compared to CNY 285.73 million a year ago. Revenue was CNY 246.54 million compared to CNY 285.73 million a year ago. Net income was CNY 2.68 million compared to CNY 24.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.24 a year ago.
Zhejiang Mustang Battery Co Ltd is a China-based company mainly engaged in research, development (R&D) and sales of dry batteries. The Company focuses on the R&D, production and sales of environmentally friendly zinc-manganese batteries and is committed to providing customers with green environmentally friendly alkaline batteries and carbon battery products. The Company's products are widely used in household appliances, electric toys, smart home appliances, home medical and health electronic equipment, new consumer electronics, wireless security equipment, outdoor electronic equipment, wireless communication equipment, emergency lighting and other fields. The Company's products are mainly exported and sold to many countries and regions such as the European Union, North America, Southeast Asia.