JILIN JINGUAN ELECTRIC Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:04 am EDT
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JILIN JINGUAN ELECTRIC Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 181.88 million compared to CNY 137.69 million a year ago. Revenue was CNY 181.88 million compared to CNY 137.69 million a year ago. Net loss was CNY 10.42 million compared to net income of CNY 1.89 million a year ago. Basic loss per share from continuing operations was CNY 0.0126 compared to basic earnings per share from continuing operations of CNY 0.0023 a year ago. Diluted loss per share from continuing operations was CNY 0.0126 compared to diluted earnings per share from continuing operations of CNY 0.0023 a year ago.
JILIN JINGUAN ELECTRIC CO., Ltd is a China-based company engaged in the research and development, manufacture and sales of intelligent electrical switchgear equipment and supporting components. The Company's major products include cubicle-type gas insulated switchgear (C-GIS) intelligent ring main units, box-type transformer substations and low-voltage switchgear cabinets. Its other products include intelligent high-voltage switchgears, the supporting vacuum circuit breakers and solid insulated ring main units, among others.