SanFeng Intelligent Equipment Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 02:23 pm IST
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SanFeng Intelligent Equipment Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 310.35 million compared to CNY 171.98 million a year ago. Revenue was CNY 310.35 million compared to CNY 171.98 million a year ago. Net income was CNY 9.55 million compared to CNY 15.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.0068 compared to CNY 0.0108 a year ago. Diluted earnings per share from continuing operations was CNY 0.0068 compared to CNY 0.0108 a year ago.
SanFeng Intelligent Equipment Group Co., Ltd., formerly Hubei SanFeng Intelligent Conveying Equipment Co., Ltd is a China-based company principally engaged in the research and development, manufacture, installation and debugging of intelligent conveying complete equipment, as well as the provision of technical services. Its main products include automatic monorail systems, friction transport systems, plate conveyers, pallet conveyors, elevators, intelligent cars, rotational systems, interior vehicle gas inhaust and exhaust systems, as well as other devices. The Company also manufactures high and low voltage and electronic control equipment, as well as related parts. The Company mainly operates businesses in domestic market.