Shanghai Liangxin Electrical Co.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:11 am
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Shanghai Liangxin Electrical Co.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 801.41 million compared to CNY 718.29 million a year ago. Revenue was CNY 801.41 million compared to CNY 718.29 million a year ago. Net income was CNY 72.18 million compared to CNY 64.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.06 a year ago.
Shanghai Liangxin Electrical Co., LTD. is a China-based company principally engaged in the research, development, production and sale of low voltage electrical systems. The Company's main products include terminal appliances, distribution appliances and control appliances. The Company's products are mainly used in telecommunications, construction, new energy, power, machine tool, lifting, petrochemical, metallurgy, rail and rail transportation industries. The Company distributes its products in domestic market.
SHANGHAI LIANGXIN ELECTRICAL CO.,LTD. 
