Hangzhou Star Shuaier Electric Appliance Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 05:45 am EDT
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Hangzhou Star Shuaier Electric Appliance Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 288.37 million compared to CNY 343.67 million a year ago. Revenue was CNY 288.37 million compared to CNY 343.67 million a year ago. Net income was CNY 37.65 million compared to CNY 49.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.1281 compared to CNY 0.1889 a year ago. Diluted earnings per share from continuing operations was CNY 0.1281 compared to CNY 0.1877 a year ago.
Hangzhou Star Shuaier Electric Appliance Co Ltd is a China-based company principally engaged in the research, development, production and sales of various types of thermal protectors, starters, sealed terminals for refrigeration compressors, temperature controllers for small household appliances, small and medium-sized, micro motor products and solar photovoltaic modules. The Company's products include photovoltaic modules, thermal protectors, starters, sealed terminals, optical communications, optical sensor components, temperature controllers and small and medium-sized, micro motors, which are used in power generation systems such as residential, commercial and ground photovoltaic power stations, military industry , children's toy cars, lighting, switches and other fields. The Company mainly conducts its businesses in the domestic market and overseas markets.