Wuxi NCE Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 05:15 am EDT
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Wuxi NCE Power Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 420.56 million compared to CNY 321.56 million a year ago. Revenue was CNY 420.56 million compared to CNY 321.56 million a year ago. Net income was CNY 112.38 million compared to CNY 74.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.5643 compared to CNY 0.3786 a year ago. Diluted earnings per share from continuing operations was CNY 0.5643 compared to CNY 0.3786 a year ago.
Wuxi Nce Power Co Ltd is a China-based company mainly engaged in the research, development, design and sales of metal-oxide-semiconductor field-effect transistor (MOSFET), insulated gate bipolar transistor (IGBT) and other semiconductor chips and power devices. The Company's products include chips and power devices. Its products are used in consumer electronics, automotive electronics, industrial electronics, new energy vehicles, charging piles, smart equipment manufacturing, Internet of things and photovoltaic new energy. The Company conducts its businesses within the China market and to overseas markets.
WUXI NCE POWER CO.,LTD. 
