Linhai Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 02:59 pm IST
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Linhai Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 197.17 million compared to CNY 185.85 million a year ago. Revenue was CNY 197.17 million compared to CNY 185.85 million a year ago. Net income was CNY 2.2 million compared to CNY 1.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.0083 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.0083 a year ago.
Linhai Co Ltd is a China-based company principally engaged in the manufacturing and sales of vehicles and machinery. The Company's main business includes the production and sales of special vehicles, agricultural machinery, fire-fighting machinery, motorcycles and other products and spare parts. Special vehicle products include all-terrain vehicles that integrate practical, entertainment, sports and other uses. Agricultural machinery products mainly include walk-behind rice transplanters and high-speed rice transplanters. Fire-fighting machinery includes forest fire prevention equipment, forest protection equipment, emergency vehicle equipment and other products. Motorcycles mainly include fuel motorcycles and electric motorcycles.