Zhejiang Hengwei Battery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 08:45 am
Share
Zhejiang Hengwei Battery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 133.91 million compared to CNY 109.66 million a year ago. Revenue was CNY 133.91 million compared to CNY 109.66 million a year ago. Net income was CNY 20.15 million compared to CNY 18.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.24 a year ago.
Zhejiang Hengwei Battery Co Ltd is a China-based company mainly engaged in battery research and development. The Company's main businesses are the research and development, production and sales of high-performance environmentally friendly zinc-manganese batteries. The Company's main products include LR03, LR6, LR14, LR20, 6LR61 series alkaline batteries and R03, R6, R14, R20, 6F22 series carbon batteries. The Company's products are mainly used in small household appliances, new consumer appliances, wireless security equipment, smart home appliances, outdoor electronic equipment, wireless communication equipment, medical electronic equipment, electric toys, digital products, mobile lighting and other civil and industrial fields.