Changshu Tianyin Electromechanical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2022
August 12, 2022 at 05:35 am EDT
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Changshu Tianyin Electromechanical Co.,Ltd reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 399.73 million compared to CNY 485.71 million a year ago. Revenue was CNY 406.33 million compared to CNY 488.8 million a year ago. Net income was CNY 25.63 million compared to CNY 63.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.15 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 
