Guangdong Dongfang Precision Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 07:08 am EDT
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Guangdong Dongfang Precision Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 636.01 million compared to CNY 636.43 million a year ago. Revenue was CNY 636.01 million compared to CNY 636.43 million a year ago. Net income was CNY 37.11 million compared to CNY 64.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.04 a year ago.
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOGY CO., LTD is a China-based company principally engaged in the manufacture and sales of automotive core parts. The Companyâs main products are power battery systems for new energy vehicles. The Company is also engaged in the design, development, manufacture and sales of smart corrugated packaging automation equipment, as well as the provision of related services. The Company's products also include intelligent automatic corrugated board production line equipment and intelligent automatic corrugated cardboard printing line products, such as multicolor printing slotting die cutting machines, pre-fed paper machines, waste transfer equipment, intelligent stacking equipment and sticky box equipment. The Company distributes its products in domestic market and to overseas markets.