Jiangsu Yinhe Electronics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 05:20 am EDT
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Jiangsu Yinhe Electronics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 270.04 million compared to CNY 455.38 million a year ago. Revenue was CNY 270.04 million compared to CNY 455.38 million a year ago. Net income was CNY 47.02 million compared to CNY 54.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.0417 compared to CNY 0.0481 a year ago. Diluted earnings per share from continuing operations was CNY 0.0417 compared to CNY 0.0481 a year ago.
JIANGSU YINHE ELECTRONICS CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of digital television (TV) terminals and electronic equipment structural parts. The Company operates its businesses through three segments. The Digital Television Intelligent Terminals segment consists of wired digital set top boxes (STBs), satellite digital STBs, wireless digital STBs, Internet digital STBs and other intelligent television terminals. The Intelligent Electromechanical Equipment segment is engaged in the provision of electromechanical equipment and services of intelligent management systems. The Key Parts of New Energy Electric Vehicles segment is engaged in the provision of charging points, mobile chargers and electric air conditioning systems, among others. It distributes its products in domestic market and to overseas markets.