Xiamen Faratronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 03:55 am EDT
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Xiamen Faratronic Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 840.13 million compared to CNY 580.62 million a year ago. Revenue was CNY 840.13 million compared to CNY 580.62 million a year ago. Net income was CNY 204.39 million compared to CNY 165.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.908 compared to CNY 0.735 a year ago. Diluted earnings per share from continuing operations was CNY 0.908 compared to CNY 0.735 a year ago.
XIAMEN FARATRONIC CO., LTD is a China-based company, principally engaged in the manufacture and distribution of electronic basic components. The Company's main products are thin film capacitors. Its thin film capacitors are applied in electronics, home appliances, communication, electricity, industrial control, lighting, new energy (including photovoltaic, wind and automotive) and other industries. The Company also provides transformers and metallized film. The Company distributes its products within domestic market and to overseas markets.
XIAMEN FARATRONIC CO., LTD. 
