Shenzhen Yinghe Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 05:01 am EDT
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Shenzhen Yinghe Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,552.92 million compared to CNY 556.83 million a year ago. Revenue was CNY 1,552.92 million compared to CNY 556.83 million a year ago. Net income was CNY 64.52 million compared to CNY 22.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.03 a year ago.
SHENZHEN YINGHE TECHNOLOGY CO.,LTD. is mainly engaged in the manufacture of lithium electric equipment. The Company's main business is the research and development, design, manufacture, sale of automated production equipment for lithium-ion battery, and the provision of related services. The Company's main products include six equipment series such as coating machines, slitting machines, tableting machines, winding machines, die cutting machines and lamination machines as well as related assisted machines. The products are primarily used in the manufacture of lithium-ion batteries and are sold to China domestic and overseas markets.