Hangzhou Star Shuaier Electric Appliance Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 22, 2024 at 04:52 am EDT
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Hangzhou Star Shuaier Electric Appliance Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 464.19 million compared to CNY 575.2 million a year ago. Revenue was CNY 464.19 million compared to CNY 575.2 million a year ago.
Net income was CNY 52.82 million compared to CNY 45.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.15 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.