Zhejiang Dayuan Pumps Industry Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 01:48 pm IST
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Zhejiang Dayuan Pumps Industry Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 258.36 million compared to CNY 291.01 million a year ago. Revenue was CNY 258.36 million compared to CNY 291.01 million a year ago. Net income was CNY 26.49 million compared to CNY 35.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.21 a year ago.
Zhejiang Dayuan Pumps Industry Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of all kinds of pumps. The Company's main products include small submersible pumps, deep well submersible pumps, onshore pumps and other agricultural pumps, as well as shielded pumps. The agricultural pumps are mainly used for agriculture and forestry irrigation and drainage, animal husbandry sewage discharge and peasant life drainage. The shielding pumps are mainly used in chemical, power, heating ventilation air conditioning (HVAC) and other industries.