Nantong Haixing Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 06:42 am EDT
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Nantong Haixing Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 471.47 million compared to CNY 346.93 million a year ago. Revenue was CNY 471.47 million compared to CNY 346.93 million a year ago. Net income was CNY 63.83 million compared to CNY 30.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.15 a year ago.
Nantong Haixing Electronics Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of electrode foils for aluminum electrolytic capacitors. The Company's main products include medium and high pressure foil products. The Company also produces low-pressure foils, corrosion foils and others. These products are mainly used in aluminum electrolytic capacitors in various fields, including energy-saving lighting, consumer electronics, automotive industry, communication electronics, industrial electromechanical, aerospace and others.
NANTONG HAIXING ELECTRONICS CO., LTD. 
