Shanghai Yahong Moulding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 01:29 pm IST
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Shanghai Yahong Moulding Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 124.87 million compared to CNY 159.34 million a year ago. Revenue was CNY 124.87 million compared to CNY 159.34 million a year ago. Net income was CNY 7.31 million compared to CNY 12.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.09 a year ago.
SHANGHAI YAHONG MOULDING CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of precise plastic moulds and other related devices of plastic products. The Company mainly operates four business segments, including industrial mould products, injection moulded products, surface mounted technology (SMT) products, as well as intelligent toilet covers. The Companyâs products are applied in the high end microwave ovens, middle-to-high-end passenger vehicle dashboards, as well as driving seats. The Company distributes its products within domestic market and to overseas markets, with Shanghai, China as its major market.