Gold cup Electric Apparatus Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 04:54 am EDT
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Gold cup Electric Apparatus Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 6,126.51 million compared to CNY 5,565.01 million a year ago. Revenue was CNY 6,200.47 million compared to CNY 5,643.34 million a year ago. Net income was CNY 173.87 million compared to CNY 165.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.237. Diluted earnings per share from continuing operations was CNY 0.237 compared to CNY 0.229 a year ago.
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.