Changshu Tianyin Electromechanical Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 06:54 am EDT
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Changshu Tianyin Electromechanical Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 224.791 million compared to CNY 180.380 million a year ago. Operating income was CNY 31.135 million compared to CNY 26.818 million a year ago. Net income was CNY 26.454 million compared to CNY 23.754 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.06 a year ago.
Changshu Tianyin Electromechanical Co., Ltd. is principally engaged in the research, development, production and distribution of refrigerator compressor parts and components. The Company mainly provides refrigerator compressor starters, including no-power consumption starters, unitary no-power consumption starters, positive temperature coefficient (PTC) starters, unitary mini PTC starters, hammer starters and others; thermal protectors, as well as compressor use plastic parts, including inspiration silencers, junction boxes and military information equipment, among others. The Company's products are mainly used in refrigerators, freezers and commercial refrigeration compressors, among others.
CHANGSHU TIANYIN ELECTROMECHANICAL CO.,LTD 
