Jinlihua Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:16 am EDT
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Jinlihua Electric Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 28.87 million compared to CNY 52.35 million a year ago. Revenue was CNY 28.87 million compared to CNY 52.35 million a year ago. Net income was CNY 6.04 million compared to CNY 5.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.0516 compared to CNY 0.0476 a year ago. Diluted earnings per share from continuing operations was CNY 0.0516 compared to CNY 0.0476 a year ago.
Jinlihua Electric Co Ltd, formerly Zhejiang Jinlihua Electric Co Ltd, is a China-based company principally engaged in the research, development, manufacture, sales of glass insulators, and provision of related technical services. The Companyâs main products include glass insulators for high-voltage, ultra high-voltage and special high-voltage alternating current (AC) and direct current (DC) electric power transmission and transformation lines, including standard type insulators, fog type suspension insulators, open air profile type suspension insulators, and cap and pin type suspension insulators, as well as ceramic insulators. The Companyâs products are mainly used in insulation and suspension wires of power transmission lines. In addition, the Company is also engaged in the operation of drama, television shows and movies through its subsidiaries.
JINLIHUA ELECTRIC CO., LTD. 
