Zhejiang Meili High Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 10:45 am
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Zhejiang Meili High Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 808.12 million compared to CNY 666.58 million a year ago. Revenue was CNY 816.82 million compared to CNY 673.61 million a year ago. Net income was CNY 22.09 million compared to CNY 40.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.23 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.23 a year ago.
Zhejiang Meili High Technology Co Ltd is a company engaged in research, development, production and sales of spring products. The Company's product types are comprised of suspension system springs, power system springs, body and interior springs, general-purpose springs and other spring products. The Company also operates the production and sales of precision injection molded products through its subsidiaries, including safety system components, steering wheel system components, sun visor assemblies and skylight components.