Jiangsu Yunyi Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:48 am EDT
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Jiangsu Yunyi Electric Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 244.512 million compared to CNY 143.838 million a year ago. Operating income was CNY 52.296 million compared to CNY 27.812 million a year ago. Net income was CNY 41.846 million compared to CNY 25.925 million a year ago. Basic earnings per share from continuing operations was CNY 0.048 compared to CNY 0.03 a year ago.
Jiangsu Yunyi Electric Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of automotive intelligent core electronic products. The Company's main products include automotive intelligent power controllers, smart motors and control systems, new energy vehicle motors, control systems and other automotive energy core electronic products. Its automotive intelligent power controllers include car rectifiers, regulators and automotive high-power diodes. The Company distributes its products in domestic market and to overseas markets.