Dongfang Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:23 am EDT
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Dongfang Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 944.32 million compared to CNY 755.73 million a year ago. Revenue was CNY 944.32 million compared to CNY 755.73 million a year ago. Net income was CNY 60.8 million compared to CNY 48.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.0453 compared to CNY 0.0365 a year ago. Diluted earnings per share from continuing operations was CNY 0.0453 compared to CNY 0.0365 a year ago.
Dongfang Electronics Co., Ltd. is a China-based company principally engaged in the development, manufacturing and distribution of electrical and industrial automation controlling systems. The Company primarily provides electricity dispatch automation systems, power protection and transformation integrated automation systems, power distribution automation systems, information management systems, electricity bill measurement systems, as well as electronic equipment and system integration products. The Company mainly distributes its products in domestic and overseas markets.