Sunwoda Electronic Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:16 am EDT
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Sunwoda Electronic Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 10,620.69 million compared to CNY 7,860.52 million a year ago. Revenue was CNY 10,620.69 million compared to CNY 7,860.52 million a year ago. Net income was CNY 94.92 million compared to CNY 128.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.08 a year ago.
SUNWODA ELECTRONIC CO., LTD is a China-based company principally engaged in the development, design, production and sale of lithium ion battery modules. The Company operates through two main segments: Industrial Manufacturing segment and Inspection Services segment. The Companyâs lithium ion battery modules include mobile phone and digital series, motor vehicle and power series, precise structural parts series, power management series, laptop series, lithium ion cells, energy storage systems, intelligent hardware series, intelligent manufacture series and others.