Jiangsu Changshu Automotive Trim Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 03:51 am EDT
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Jiangsu Changshu Automotive Trim Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 607.928 million compared to CNY 408.552 million a year ago. Operating income was CNY 113.156 million compared to operating loss of CNY 4.963 million a year ago. Net income was CNY 103.178 million compared to CNY 1.055 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.0038 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.0038 a year ago.
Jiangsu Changshu Automotive Trim Group Co Ltd, formerly Changshu Automotive Trim Co Ltd, is a China-based company and mainly engaged in development and research, manufacture and sales of interior trim for passenger cars. The main products of the Company are door panels, skylights, sunroofs, coat racks, door posts, luggage compartment interiors, storage boxes, spare tire covers, carpets, acoustic cushions, and among others. The main customers of the Company are domestic car manufacturer and auto parts primary suppliers. The Company operates its businesses primary in domestic market.