Jiangsu Cai Qin Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:20 pm IST
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Jiangsu Cai Qin Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 61.99 million compared to CNY 112.08 million a year ago. Revenue was CNY 61.99 million compared to CNY 112.08 million a year ago. Net income was CNY 18.49 million compared to CNY 37.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.13 a year ago.
Jiangsu Cai Qin Technology Co Ltd is a China-based company mainly engaged in the research and development (R&D), production and sales of microwave dielectric ceramic components. The Company's products are divided into four categories: wave filters, resonators, antennas and low intermodulation passive components, mainly including dielectric wave filters, dielectric resonators and dielectric antennas. The Company's products are mainly used for receiving, transmitting and processing radio frequency (RF) signals, and are widely used in mobile communication, radar and RF circuits, satellite communication navigation and positioning, aerospace and national defense science and industry. The Company mainly sells products in the domestic market.