Jiangsu Olive Sensors High-Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 02:23 pm IST
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Jiangsu Olive Sensors High-Tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 213.78 million compared to CNY 150.17 million a year ago. Revenue was CNY 213.78 million compared to CNY 150.17 million a year ago. Net income was CNY 24.7 million compared to CNY 20.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.0313 compared to CNY 0.0313 a year ago. Diluted earnings per share from continuing operations was CNY 0.0313 compared to CNY 0.0313 a year ago.
JIANGSU OLIVE SENSORS HIGH-TECH CO., LTD is a China-based company principally engaged in the research and development, production and sale of automobile parts. The Company's products are categorized into three categories: sensors and accessories, accessories of fuel system, and automotive interior parts. The Companyâs sensors and accessories include fuel level sensors and accessories and water level sensors. The Companyâs accessories of fuel system include oil filler pipe assembly, imported control valves, vent valves, locking joint pipe assembly, filter brackets, locknuts, fuel pump fixed thimbles and lock rings for fuel pumps, among others. The Companyâs automotive interior parts include covers for airbag, dashboards and air-conditioning duct, among others. The Company distributes its products within domestic market and to overseas markets.