Zhejiang Sf Oilless Bearing Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 02:15 pm IST
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Zhejiang Sf Oilless Bearing Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 193.66 million compared to CNY 232.95 million a year ago. Revenue was CNY 193.66 million compared to CNY 232.95 million a year ago. Net income was CNY 16.78 million compared to CNY 25.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.1167 compared to CNY 0.175 a year ago. Diluted earnings per share from continuing operations was CNY 0.1167 compared to CNY 0.175 a year ago.
SF Oilless Bearing Group Co Ltd, formerly Zhejiang Sf Oilless Bearing Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of self-lubricating bearings and composite materials for self-lubricating bearings. The Company's products have covered full series of sliding bearings: self-lubricating bearings, water-lubricating bearings, solid-lubricant-impregnated bearings, boundary-lubricating bearings, oil-lubricating bearings, and grease-lubricating bearings. The products are widely used in industries such as automobiles, engineering machinery, construction machinery, agricultural machinery, fluid transmission, wind power generation, photovoltaic power generation, steel metallurgy, industrial automation, food machinery, and office equipments, etc. The Company conducts its businesses within the domestic market and to overseas markets.