Zhejiang Yueling Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 08:24 am
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Zhejiang Yueling Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 217.28 million compared to CNY 197.87 million a year ago. Revenue was CNY 217.28 million compared to CNY 197.87 million a year ago. Net income was CNY 10.1 million compared to CNY 2.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.0395 compared to CNY 0.0096 a year ago. Diluted earnings per share from continuing operations was CNY 0.0395 compared to CNY 0.0096 a year ago.
Zhejiang Yueling Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sale of aluminum alloy wheels. The Company's main products include automotive coating wheels, polishing wheels, spinning wheels, vacuum plating wheels, electroplating wheels, motorcycle coating wheels and low pressure wheels. The Company distributes its products in domestic market and to overseas markets, such as the United States, Japan and Europe.