Yuan Cheng Cable Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:20 am
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Yuan Cheng Cable Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 532.72 million compared to CNY 606.49 million a year ago. Revenue was CNY 532.72 million compared to CNY 606.49 million a year ago. Net income was CNY 16.05 million compared to CNY 0.603071 million a year ago. Basic earnings per share from continuing operations was CNY 0.0223 compared to CNY 0.0008 a year ago. Diluted earnings per share from continuing operations was CNY 0.0223 compared to CNY 0.0008 a year ago.
Yuan Cheng Cable Co., Ltd., formerly Recon Wenyuan Cable Co.,Ltd., is principally involved in the design, research, development, production and distribution of wires and cables. The Company mainly provides wires and cables, special cables, bare wires, as well as wires and cables for electric equipment. Its special cables mainly include mineral insulation cables, nuclear level cables, branch cables and photoelectric combined cables. Its wires and cables for electric equipment include polyvinyl chloride insulated and sheathed control cables, among others. The Company's products are mainly applied in the electric power, transportation, airport, metallurgy, construction, machinery and other industries.
YUAN CHENG CABLE CO.,LTD. 
