Hunan Aihua Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:05 am EDT
Share
Hunan Aihua Group Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 869.32 million compared to CNY 674.16 million a year ago. Revenue was CNY 869.32 million compared to CNY 674.16 million a year ago. Net income was CNY 114.87 million compared to CNY 112.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.2866 compared to CNY 0.2834 a year ago. Diluted earnings per share from continuing operations was CNY 0.2846 compared to CNY 0.2834 a year ago.
HUNAN AIHUA GROUP CO., LTD. is a China-based company, principally engaged in the manufacture and sales of aluminum electrolytic capacitors, electrode foils and capacitor manufacturing equipment. The Company's main products include energy-efficient lighting capacitors, consumer capacitors and industrial capacitors. The products are primarily used in energy-efficient lighting products, consumer electronics, communications, automotive electronics and industrial application fields. It distributes its products within domestic market and to overseas markets.