Zhejiang Wanliyang Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 05:08 am EDT
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Zhejiang Wanliyang Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 5,377.63 million compared to CNY 5,932.46 million a year ago. Revenue was CNY 5,475.01 million compared to CNY 6,064.88 million a year ago. Net loss was CNY 747.48 million compared to net income of CNY 617.28 million a year ago. Basic loss per share from continuing operations was CNY 0.57 compared to basic earnings per share from continuing operations of CNY 0.47 a year ago. Diluted loss per share from continuing operations was CNY 0.57 compared to diluted earnings per share from continuing operations of CNY 0.47 a year ago.
Zhejiang Wanliyang Co., Ltd., formerly ZHEJIANG WANLIYANG TRANSMISSION COMPANY LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of automotive parts, and financial leasing business. The Company's automotive parts include automotive interior parts, and transmission gearboxes for passenger cars, light trucks, medium-loaded trucks, heavy trucks and agricultural machineries. The Company distributes its products within domestic market and to overseas markets.