Zhejiang Tederic Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 01:20 pm IST
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Zhejiang Tederic Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 257.8 million compared to CNY 240.37 million a year ago. Revenue was CNY 257.8 million compared to CNY 240.37 million a year ago. Net income was CNY 28.29 million compared to CNY 39.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.1. Diluted earnings per share from continuing operations was CNY 0.1.
Tederic Machinery Co., LTD is a China-based manufacturer and solution provider of plastic injection molding equipment. The Company is principally engaged in the research, development, design, production and sale of injection molding machines, as well as the provision of injection molding solutions. The Company's main products are injection molding machines. The Companyâs products are used in piping systems and accessories, auto parts, white goods and small appliances, electronic products and communications, logistics and warehousing, thin-walled packaging containers and medical and health industries. The Company distributes its products in domestic market and to overseas markets.
TEDERIC MACHINERY CO., LTD 
