Chongqing Chuanyi Automation Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:35 am EDT
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Chongqing Chuanyi Automation Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,341.68 million compared to CNY 1,029.68 million a year ago. Revenue was CNY 1,341.68 million compared to CNY 1,029.68 million a year ago. Net income was CNY 108.22 million compared to CNY 150.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.38 a year ago.
Chongqing Chuanyi Automation CO.,LTD. is a China-based company principally engaged in industrial automation system installation and engineering complete set businesses. The Company's main products include intelligent actuators, smart transmitters, smart regulating valves, smart flow meters, temperature gauges, control equipment and instrumentation and analytical instruments. The Company also provides turnkey services. The Company distributes its products in domestic market and to overseas markets, with the southern region of China as its main market.