Ways Electron Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:07 am
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Ways Electron Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 328.45 million compared to CNY 310.08 million a year ago. Revenue was CNY 328.45 million compared to CNY 310.08 million a year ago. Net income was CNY 6.2 million compared to CNY 25.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.0291 compared to CNY 0.1215 a year ago.
Ways Electron Co Ltd is a China-based company mainly engaged in the research and development, production and sales of backlight display modules, liquid crystal display modules and other products. The Companyâs products are mainly used in high-end automobile, mobile phone, tablet, digital camera, small Game console, industrial control display and other fields. In addition, the Company also engaged in the development, production and sales of touch screens, rubber parts, hardware parts, automotive decorative panels and other products. The Company distributes its products in domestic market and to overseas markets.
WAYS ELECTRON CO.,LTD. 
