Shanghai MOONS' Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:59 am EDT
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Shanghai MOONS' Electric Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 675.76 million compared to CNY 614.17 million a year ago. Revenue was CNY 675.76 million compared to CNY 614.17 million a year ago. Net income was CNY 39.12 million compared to CNY 57.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.094 compared to CNY 0.1372 a year ago. Diluted earnings per share from continuing operations was CNY 0.0931 compared to CNY 0.1372 a year ago.
Shanghai Moons' Electric Co Ltd is a China-based company principally engaged in the research, development, manufacturing and sales of control components and related integrated products for information technology fields. The Company's main products include control motors and their drive systems, light-emitting diode (LED) control and drive products, equipment status management systems and power supply control products, among others. It is also involved in the trading business of Panasonic relays. The Company conducts its businesses in domestic and overseas markets.
SHANGHAI MOONS' ELECTRIC CO., LTD. 
