Shanghai Fenghwa Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:42 am EDT
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Shanghai Fenghwa Group Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 42.34 million compared to CNY 17.82 million a year ago. Revenue was CNY 42.34 million compared to CNY 17.82 million a year ago. Net loss was CNY 3.6 million compared to CNY 4.07 million a year ago. Basic loss per share from continuing operations was CNY 0.019 compared to CNY 0.022 a year ago. Diluted loss per share from continuing operations was CNY 0.019 compared to CNY 0.022 a year ago.
Chongqing Fenghwa Group Co Ltd, formerly Shanghai Fenghwa Group Co Ltd, is a China based company principally engaged in the research and development, manufacture and sales of magnesium alloy and aluminum alloy products. The Company's main businesses include auto parts magnesium alloy, aluminum alloy products and all-aluminum home custom design and manufacture. Its main products include automobile steering wheel frame, automobile seat slide rail, automobile instrument back cover, motorcycle parts, hand tools and other magnesium alloy and aluminum alloy die-casting parts, as well as all-aluminum home office products, wall panels, new partition screens and home improvement wardrobes, cabinets, bathroom cabinets and others. The Company's products are distribute in domestic and overseas markets.
CHONGQING FENGHWA GROUP CO., LTD. 
