HyUnion Holding Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:28 am EDT
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HyUnion Holding Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,872.09 million compared to CNY 1,693.45 million a year ago. Revenue was CNY 1,872.09 million compared to CNY 1,693.45 million a year ago. Net income was CNY 45.07 million compared to CNY 15.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago.
HyUnion Holding Co., Ltd, formerly QINGDAO HAILI METAL ONE CO., LTD., is a China-based company principally engaged in the production and sales of electrical and auto parts and auto parts. The Company operates its businesses through two segments. The Intelligent Manufacturing segment is mainly engaged in the production and sales of automobile spare parts and household appliance spare parts. The Financial Science and Technology segment mainly provides third party payment services, big data services, mobile information services, cross-border e-commerce services and operator billing and settlement services. The Company conducts its businesses in domestic market.