Shenzhen Center Power Tech. Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:27 pm IST
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Shenzhen Center Power Tech. Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 723.78 million compared to CNY 603.71 million a year ago. Revenue was CNY 723.78 million compared to CNY 603.71 million a year ago. Net income was CNY 11.71 million compared to CNY 4.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.01 a year ago.
SHENZHEN CENTER POWER TECH. CO., LTD is a China-based company principally engaged in the research, development, production and sale of chemical power, new energy storage and power batteries. The Company's main products include valve-regulated lead-acid battery (VRLA) batteries and lithium-ion batteries. The Company's products are mainly used in the areas of telecommunications, electric vehicles, energy storage, power, uninterruptible power supply (UPS) and others. The Company distributes its products in domestic market and to overseas markets, such as Europe and other areas of Asia.