Shenzhen V&T Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 05:53 am
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Shenzhen V&T Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 96.26 million compared to CNY 86.3 million a year ago. Revenue was CNY 96.26 million compared to CNY 86.3 million a year ago. Net income was CNY 13.23 million compared to CNY 8.89 million a year ago. Basic earnings per share from continuing operations was CNY 0.0636 compared to CNY 0.0428 a year ago. Diluted earnings per share from continuing operations was CNY 0.0636 compared to CNY 0.0428 a year ago.
Shenzhen V&T Technologies Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sale of industrial automation control products. The Companyâs main products consist of electric vehicle motor controllers, middle- and low-voltage inverters and servo drivers. The Companyâs products are mainly applied in various industries, such as new energy vehicle, crane, air compressor, machine tool, printing and packaging, metallurgy, oil, injection molding machine and press-casting machine. The Company distributes its products mainly in domestic market.