Guangdong Rifeng Electric Cable Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:23 pm IST
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Guangdong Rifeng Electric Cable Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 790.13 million compared to CNY 673.53 million a year ago. Revenue was CNY 790.13 million compared to CNY 673.53 million a year ago. Net income was CNY 28.95 million compared to CNY 38.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.0923 compared to CNY 0.1209 a year ago. Diluted earnings per share from continuing operations was CNY 0.0923 compared to CNY 0.1209 a year ago.
GuangDong Rifeng Electric Cable Co., Ltd. is a China-based company that independently develops and manufactures rubber sheathed wire and cable. The Company is mainly engaged in the research, development, production and sales of electrical equipment and special equipment supporting cables. The products mainly include four categories: air conditioning cable components, small household appliance wiring components, special equipment cables and other cables, and widely used in household appliances, robots, wind power, marine engineering, port machinery, construction machinery, shipbuilding, power tools, instrumentation, automotive, lighting, outdoor equipment and other fields. The Company distributes its products in domestic market and to overseas markets.
GUANGDONG RIFENG ELECTRIC CABLE CO., LTD. 
