GUILIN FUDA Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:35 am EDT
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GUILIN FUDA Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 302.9 million compared to CNY 537.93 million a year ago. Revenue was CNY 302.9 million compared to CNY 537.93 million a year ago. Net income was CNY 30.11 million compared to CNY 62.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.051 compared to CNY 0.105 a year ago. Diluted earnings per share from continuing operations was CNY 0.051 compared to CNY 0.105 a year ago.
GUILIN FUDA Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of automotive components. The Company's main products include automotive components, such as engine crankshafts, automotive clutches and spiral bevel gears, as well as precision forgings, such as engine crankshaft blanks and automotive front beams. The Company's products are mainly used in commercial vehicles, passenger cars and new energy vehicles. The Company distributes its products in domestic market and to overseas markets.
GUILIN FUDA CO.,LTD. 
