Guizhou Space Appliance Co., LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:49 am EDT
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Guizhou Space Appliance Co., LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,509.29 million compared to CNY 1,118.95 million a year ago. Revenue was CNY 1,509.29 million compared to CNY 1,118.95 million a year ago. Net income was CNY 158.7 million compared to CNY 118.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.28 a year ago. Diluted earnings per share from continuing operations was CNY 0.35 compared to CNY 0.28 a year ago.
Guizhou Space Appliance Co., LTD is principally engaged in the research, development, manufacture and sale of electronic components. The Company primarily offers relay series, including temperature relays, timing relays, special relays, counterbalance relays sealed electromagnetic relays and solid state relays; connector series, including airproof connectors, radio frequency (RF) coaxial connectors and optical fiber connectors, among others, as well as electrical motors, including servo motors, brushless direct current motors and direct current torque motors, among others. The Company's products are mainly applied in space, aviation, electronics, communications, industrial control, precision instruments, ships, satellites and other industries. The Company distributes its products throughout China.