Kunming Yunnei Power Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:49 am EDT
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Kunming Yunnei Power Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,941.55 million compared to CNY 2,441.44 million a year ago. Revenue was CNY 1,941.55 million compared to CNY 2,441.44 million a year ago. Net loss was CNY 94.99 million compared to net income of CNY 138.19 million a year ago. Basic loss per share from continuing operations was CNY 0.049 compared to basic earnings per share from continuing operations of CNY 0.072 a year ago. Diluted loss per share from continuing operations was CNY 0.049 compared to diluted earnings per share from continuing operations of CNY 0.072 a year ago.
KUNMING YUNNEI POWER CO., LTD. is a China-based company principally engaged in the research and development, manufacture and distribution of diesel engines. The Companyâs main products are engines and industrial card payment systems. The Companyâs engines include diesel engines for commercial vehicles, diesel engines for passenger vehicles, off-road diesel engines and natural gas engines. Its industrial card payment systems include fueling (gas) machine card payment systems, charging pile card payment systems and self-service terminal payment systems. The Company operates its business mainly in domestic market.