Jiangsu Allfavor Intelligent Circuits Technology CO.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 03:49 am EDT
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Jiangsu Allfavor Intelligent Circuits Technology CO.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 143.06 million compared to CNY 104.09 million a year ago. Revenue was CNY 143.06 million compared to CNY 104.09 million a year ago. Net income was CNY 13.97 million compared to CNY 17.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.31 a year ago.
Jiangsu Allfavor Intelligent Circuits Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of printed circuit boards. Its products include high-frequency and high-speed boards, thick copper boards, multifunctional metal substrates, flexible boards, rigid-flex boards, high-density interconnect (HDI) boards and others, covering single-sided, double-sided and multi-layer boards. The Company's products are mainly applied in communication equipment, industrial control and automotive electronics fields. The Company mainly distributes its products in domestic market and to the United States, Japan, Europe and Australia.