Jiangsu Yunyi Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 09:45 am EDT
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Jiangsu Yunyi Electric Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 269.31 million compared to CNY 244.51 million a year ago. Revenue was CNY 269.31 million compared to CNY 244.51 million a year ago. Net income was CNY 8.91 million compared to CNY 41.85 million a year ago. Basic earnings per share from continuing operations was CNY 0.0103 compared to CNY 0.048 a year ago. Diluted earnings per share from continuing operations was CNY 0.0102 compared to CNY 0.048 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.