Sichuan Injet Electric Stock Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:53 am EDT
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Sichuan Injet Electric Stock Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 201.83 million compared to CNY 113.24 million a year ago. Revenue was CNY 201.83 million compared to CNY 113.24 million a year ago. Net income was CNY 53.98 million compared to CNY 28.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.38 compared to CNY 0.2 a year ago.
Sichuan Injet Electric Co., Ltd. is a China-based company mainly engaged in industrial power supply business. The Company's business includes research, development, manufacturing and sales of industrial power equipment represented by power control power supplies and special power supplies. The Company's main products include series power controllers, ingot furnace power supplies, reduction furnace power systems, single crystal furnace direct current power supplies, sapphire furnace power supplies, power adjustment systems for glass fiberglass furnaces, charging power supplies, induction heating power supplies, motor soft start systems, programmable logic controller system, etc. The Company mainly operates its business in the domestic market.