Zhejiang Qianjiang Motorcycle Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:21 am EDT
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Zhejiang Qianjiang Motorcycle Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 929.59 million compared to CNY 915.62 million a year ago. Revenue was CNY 929.59 million compared to CNY 915.62 million a year ago. Net income was CNY 34.84 million compared to CNY 58.71 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.13 a year ago.
Zhejiang Qianjiang Motorcycle Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of motorcycles and electric bicycles. The Company operates primarily through three segments. The Railway, Shipbuilding, Aerospace and Other Transportation Equipment Manufacturing segment is mainly engaged in the research and development, manufacturing and sales of motorcycles, electric bicycles and motorcycle parts. The Semiconductor Discrete Device Manufacturing segment is mainly engaged in the packaging and testing of discrete devices. The Investment Management segment is mainly engaged in investment management business. The Company mainly conducts its businesses in domestic and overseas markets.