Keli Motor Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 25, 2024 at 12:41 pm EDT
Share
Keli Motor Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 344.25 million compared to CNY 297.38 million a year ago. Net income was CNY 10.86 million compared to CNY 45.38 million a year ago.
Basic earnings per share from continuing operations was CNY 0.0245 compared to CNY 0.1021 a year ago. Diluted earnings per share from continuing operations was CNY 0.0245 compared to CNY 0.1021 a year ago.
KELI MOTOR GROUP CO., LTD. formerly Hunan Keli Motor Co., Ltd. is a China-based company which is mainly engaged in research and development, manufacture and sales of micro motors. The Companyâs main products include shaded pole motors, universal motors, direct-current brushless motors, step motors, servo motors and others. The Companyâs products are mainly used in household appliances, office security products, industrial automation products and other products, such as refrigerators, washing machines, microwave ovens, hair dryers, copiers, monitoring automation equipments, industrial robots motors, infusion pumps, nuclear magnetic resonance imaging equipments, plug-in machines and others.