Jiangyin Electrical Alloy Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 01:29 pm IST
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Jiangyin Electrical Alloy Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 470.21 million compared to CNY 440.28 million a year ago. Revenue was CNY 470.21 million compared to CNY 440.28 million a year ago. Net income was CNY 34.88 million compared to CNY 41.5 million a year ago. Basic earnings per share from continuing operations was CNY 0.105 compared to CNY 0.125 a year ago. Diluted earnings per share from continuing operations was CNY 0.105 compared to CNY 0.125 a year ago.
Jiangyin Electrical Alloy Co Ltd is a company mainly engaged in research, development, production and sales of copper and copper alloy products. The Company's products are comprised of electrified railway catenary series products and copper busbar series products. The electrified railway contact network products include railway contact lines and load-bearing cables, which are used in electrified railway areas, such as high-speed railways. The copper busbar series products include copper busbars and deep-processed copper parts, which are used in the fields of power generation, transmission and distribution.
JIANGYIN ELECTRICAL ALLOY CO.,LTD 
