Guangdong SACA Precision Manufacturing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:25 pm IST
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Guangdong SACA Precision Manufacturing Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 588.41 million compared to CNY 1,306.96 million a year ago. Revenue was CNY 588.41 million compared to CNY 1,306.96 million a year ago. Net loss was CNY 26.86 million compared to net income of CNY 36.09 million a year ago. Basic loss per share from continuing operations was CNY 0.0761 compared to basic earnings per share from continuing operations of CNY 0.1 a year ago. Diluted loss per share from continuing operations was CNY 0.0761 compared to diluted earnings per share from continuing operations of CNY 0.1 a year ago.
Guangdong SACA Precision Manufacturing Co., Ltd. is a China-based company engaged in the research and development, design, manufacture and distribution of precision metal fittings. The Company's products include slides, hinges and other precision metal fittings. Slides include heavy-duty slides, silent slides, hidden slides and buffered slides, among others. Hinges include stainless steel hinges, American hinges and buffered hinges, among others. Its products are widely used in furniture, home appliances, industry, financial, automotive and other fields.