Autel Intelligent Technology Corp., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 09:04 am EDT
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Autel Intelligent Technology Corp., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 453.703 million compared to CNY 279.941 million a year ago. Operating income was CNY 103.834 million compared to CNY 74.329 million a year ago. Net income was CNY 110.058 million compared to CNY 61.655 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.15 a year ago.
Autel Intelligent Technology Corp., Ltd. is a China-based company mainly engaged in automotive intelligent business. The Company's business includes research, development, manufacturing, sales and service of automotive intelligent diagnostics, detection and analysis systems and automotive electronic components. Its main products include comprehensive automotive diagnostic products, Tire Pressure Monitoring System (TPMS) series products, Advanced Driving Assistant System (ADAS) series products and other products, as well as offering in various products Car intelligent repair cloud service. The Company's products are mainly sold to more than 50 countries and regions including the United States, Germany, the United Kingdom, and Australia.
AUTEL INTELLIGENT TECHNOLOGY CORP., LTD. 
