Eaglerise Electric & Electronic Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:03 am
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Eaglerise Electric & Electronic (China) Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 636.15 million compared to CNY 360.09 million a year ago. Revenue was CNY 636.15 million compared to CNY 360.09 million a year ago. Net income was CNY 34.95 million compared to CNY 117.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.4 a year ago.
Eaglerise Electric & Electronic China Co Ltd is a China-based company principally engaged in the research, development, production and sales of power supplies and power component products. The Company's main business is the research and development, design, production and sales of transformers, power supplies and lighting products. The Company's products mainly include energy products, lighting products and other products, including new energy transformers, industrial control transformers, lighting power supplies, lighting fixtures, vehicle inductors, vehicle power supplies, energy storage devices, and charging piles, among others. The Company's products can be used in photovoltaic power generation, industrial control and lighting fields. The Company distributes its products within the domestic market and to overseas markets.
EAGLERISE ELECTRIC & ELECTRONIC (CHINA) CO., LTD 
