Hangzhou Sunrise Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 08:41 am EDT
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Hangzhou Sunrise Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 293.71 million compared to CNY 213.51 million a year ago. Revenue was CNY 293.71 million compared to CNY 213.51 million a year ago. Net income was CNY 71.32 million compared to CNY 61.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.12 a year ago.
Hangzhou Sunrise Technology Co., Ltd. is a China-based company engaged in the research, development, manufacture and sale of electricity energy measurement instrumentation and power information collection system products. The Companyâs products consist of three-phase power meters, including three-phase intelligent power meters and three-phase electronic power meters; single-phase power meters, including single-phase intelligent power meters and single-phase electronic power meters, and power information collection system products, including special and distribution transformer acquisition terminals, concentrators, as well as meter software and others. The Company distributes its products within domestic market and to overseas markets.