Hangzhou Weiguang Electronic Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 09, 2022 at 07:21 am EDT
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Hangzhou Weiguang Electronic Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 632.72 million compared to CNY 505.92 million a year ago. Revenue was CNY 653.48 million compared to CNY 524.41 million a year ago. Net income was CNY 162.21 million compared to CNY 103.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.71 compared to CNY 0.45 a year ago. Diluted earnings per share from continuing operations was CNY 0.71 compared to CNY 0.45 a year ago.
HANGZHOU WEIGUANG ELECTRONIC CO.,LTD. is a China-based company principally engaged in the development, manufacture and sales of micro-motors and draught fans. The main products of the Company include cooler motors, outer-rotor blowers and Electronically Commutated Motors (ECMs). The Companyâs products are mainly applied in Heating, Ventilation and Air Conditioning (HVAC), freezers, industrial cooling machines, industrial air conditioners, cold driers, fresh air systems and air purifiers, among others. The Company distributes its products in domestic market and to overseas markets.
HANGZHOU WEIGUANG ELECTRONIC CO.,LTD. 
