Gold cup Electric Apparatus Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 09:26 am EDT
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Gold cup Electric Apparatus Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,728.86 million compared to CNY 2,356.57 million a year ago. Revenue was CNY 2,728.86 million compared to CNY 2,356.57 million a year ago. Net income was CNY 74.52 million compared to CNY 58.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.103 compared to CNY 0.081 a year ago. Diluted earnings per share from continuing operations was CNY 0.103.
Gold Cup Electric Apparatus Co Ltd is a China-based company mainly engaged in the research, development, production and sales of wires and cables. The Company mainly operates three segments: Cable Industry Center, Electromagnetic Wire Industry Center, and Service Industry Center. The Company's main products include flat magnet wire and cable products. The Company's products are widely used in fields such as ultra-high voltage, smart grids, new energy vehicles, smart equipment, rail transit, wind and solar energy storage, new infrastructure, medical equipment, nuclear power, military industry and livelihood projects. The Company mainly operates in the domestic market.
GOLD CUP ELECTRIC APPARATUS CO.,LTD. 
