Chengdu Rainbow Appliance Shares Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 06:01 pm IST
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Chengdu Rainbow Appliance (Group) Shares Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 241.79 million compared to CNY 287.78 million a year ago. Revenue was CNY 241.79 million compared to CNY 287.78 million a year ago. Net income was CNY 25.07 million compared to CNY 37.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.2385 compared to CNY 0.3538 a year ago. Diluted earnings per share from continuing operations was CNY 0.2385 compared to CNY 0.3538 a year ago.
Chengdu Rainbow Appliance Group Shares Co Ltd is a China-based company mainly engaged in the research, development, production and sales of household flexible heating appliances and household hygiene and insecticide products. The Company's products include a series of household flexible heating appliances such as electric blankets and electric hand warmers, and a series of household hygiene and insecticide products such as electric mosquito liquid, electric mosquito coils, disc mosquito coils, and insecticidal aerosols. The Company also produces chemical fiber products, agricultural sprayers and shoe dryers, etc. The Company mainly conducts business within the domestic market.