Jiangsu Riying Electronics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 01:46 pm IST
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Jiangsu Riying Electronics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 147.88 million compared to CNY 123.37 million a year ago. Revenue was CNY 147.88 million compared to CNY 123.37 million a year ago. Net income was CNY 3.32 million compared to CNY 5.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.06 a year ago.
Jiangsu Riying Electronics Co Ltd is a China-based company mainly engaged in research and development, production and sales of auto parts. The company's products are divided into sensing products, transmission products, control products and others. The sensing products include various sensors and 360 panoramic view systems, the transmission products include automotive wiring harnesses, and the control products include sunroof controllers. The Company's products also include washing systems, precision injection molding and others. The Company mainly operates its businesses in the domestic and overseas markets.