Dongfeng Electronic Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:14 am EDT
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Dongfeng Electronic Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,928.35 million compared to CNY 1,972.88 million a year ago. Revenue was CNY 1,928.35 million compared to CNY 1,972.88 million a year ago. Net income was CNY 47.85 million compared to CNY 49.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.1017 compared to CNY 0.1567 a year ago. Diluted earnings per share from continuing operations was CNY 0.1017 compared to CNY 0.1567 a year ago.
Dongfeng Electronic Technology Co Ltd is a China-based company principally engaged in the research and development, manufacture and sales of automobile parts. The Companyâs main products include instrument clusters, sensors and flexible shafts, automotive brake systems, fuel supply systems, die-casting parts, interior parts, thermal management systems, and powertrain component systems, among others. The Company also involves in the sales of automobile parts and whole vehicles, as well as the manufacture and sales of motorcycle parts. The Company mainly operates its businesses in Hubei, Shanghai, Guangdong, Hunan and Jiangsu, China.