Jiangsu Changshu Automotive Trim Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 01:08 pm IST
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Jiangsu Changshu Automotive Trim Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 682.17 million compared to CNY 607.93 million a year ago. Revenue was CNY 682.17 million compared to CNY 607.93 million a year ago. Net income was CNY 78.67 million compared to CNY 103.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.21 compared to CNY 0.28 a year ago.
Jiangsu Changshu Automotive Trim Group Co Ltd, formerly Changshu Automotive Trim Co Ltd, is a China-based company and mainly engaged in development and research, manufacture and sales of interior trim for passenger cars. The main products of the Company are door panels, skylights, sunroofs, coat racks, door posts, luggage compartment interiors, storage boxes, spare tire covers, carpets, acoustic cushions, and among others. The main customers of the Company are domestic car manufacturer and auto parts primary suppliers. The Company operates its businesses primary in domestic market.