Camel Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 03:38 am EDT
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Camel Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,113.07 million compared to CNY 3,227.22 million a year ago. Revenue was CNY 3,113.07 million compared to CNY 3,227.22 million a year ago. Net income was CNY 140.12 million compared to CNY 275.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.24 a year ago.
Camel Group Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of storage batteries. The Company's main products include lead-acid batteries, which are applied in vehicle starting, electric road vehicle traction and electric bicycle fields, among others. The Company's other products include regenerated lead, electrolytic lead, alloyed lead, liquid sulfuric acid and recycled plastics. The Company operates businesses in both domestic and overseas markets.