Suzhou SLAC Precision Equipment CO.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:04 am EDT
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Suzhou SLAC Precision Equipment CO.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 292.05 million compared to CNY 186.16 million a year ago. Revenue was CNY 292.05 million compared to CNY 186.16 million a year ago. Net income was CNY 43.59 million compared to CNY 15.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.03 a year ago.
Suzhou SLAC Precision Equipment Co., Ltd. is principally engaged in the research, development, design, manufacture, assembling and testing of easy-pulled cover machineries. It also engages in the research, development, processing and manufacture of precision moulds and spare parts. The Company primarily provides easy-pulled cover machinery sets, easy-pulled cover manufacture system modification, intelligent testing equipment, related precision moulds and spare parts, among others. The Company operates its businesses in domestic market and to overseas markets.