Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:13 pm IST
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Shandong Meichen Ecology & Environment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 432.75 million compared to CNY 505.43 million a year ago. Revenue was CNY 432.75 million compared to CNY 505.43 million a year ago. Net loss was CNY 109.42 million compared to CNY 54.79 million a year ago. Basic loss per share from continuing operations was CNY 0.0753 compared to CNY 0.0377 a year ago. Diluted loss per share from continuing operations was CNY 0.0753 compared to CNY 0.0377 a year ago.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 